Section 17-2040-32 - Interim rent adjustment(a) The authority may adjust a participant's rent between reexaminations if a participant properly reports a change in income.(b) Changes in income shall be reported in writing within ten business days of the change of income and must include documentation verifying the income change. A verbal request shall not be considered sufficient notification.(c) The participant shall be notified in writing by the authority if additional documentation is required to verify the income change. The participant shall be given ten business days to provide the requested documentation. If the requested information is not provided by the end of the ten business day period, the request will be cancelled and no adjustment will be made.(d) Adjustments reflecting a lower rent shall be made effective on the first day of the month following the month the report was made. A participant who has obtained a decrease in their portion of rent under this section, shall report all income increases which occur prior to the next reexamination and rent may be readjusted accordingly.(e) A rent adjustment shall be made between reexaminations when a participant's income increases as a result of the inclusion of additional persons with income to the family, and such adjustment shall be made effective on the first day of the second month following the inclusion.(f) Participants are required to report all increases in earned income, including new employment, in writing within ten business days of the date the change takes effect. When reported timely, the authority will note the information in the tenant file but will not conduct an interim reexamination. If not reported timely, an interim reexamination will be conducted.(g) The participant and owner or landlord shall be notified in writing by the authority of the results of any reexamination within a reasonable time. Haw. Code R. § 17-2040-32
[Eff 7/28/2022] (Auth: HRS § 356D-13) (Imp: American Rescue Plan Act of 2021, Pub. L. No. 117-2, §3202, 135 Stat. 4; 42 U.S.C. § 1437f(o); HUD Notice PIH 2021-15(HA); 24 C.F.R. § 982.516; HRS § 356D-13)