How to Execute a Repayment Agreement Properly
HUD expects owners to enforce program requirements set forth in the HUD Handbook and the HUD model lease. In fact, HUD requires owners to investigate and research discrepancies and possible errors to promote income and rent integrity [HUD Handbook 4350.3, par. 8-18(A)]. Likewise, HUD expects residents to comply with the program requirements as established in the lease, such as timely reporting of changes in family income or other factors that affect the calculation of the family’s annual income.