HOTMA Section 8 Asset Restrictions, New Forms, EIV, Minimum Errors, and SSN verification

Details the net cash value cap, restrictions on real estate that is suitable for occupancy, admission criteria, Owner options for current residents, cure opportunities, timelines, and applicable exceptions. Reviews new forms (leases, HUD-50059, HUD-9887, and HUD-9887A), guidelines on their implementation, the impact of minor errors on owners and tenants, suspension of EIV Income Discrepancy reports, enhanced verification methods for Social Security Numbers, and required topics for tenant selection plans.

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