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Homes and Community Renewal

2007-B-02: Occupants' Annual Affidavit of Family Income - Calendar Year 2006 Income Review Procedure

To: All Limited Profit and Limited Dividend Housing Companies Owners, Managing Agents and Site Managers

From: Jane I. Berrie, Director Housing Management Bureau

Date: February 16, 2007

Subject: Occupants' Annual Affidavit of Family Income - Calendar Year 2006 Income Review Procedure


The Private Housing Finance Law requires that limited profit and limited dividend housing companies review tenant/cooperator income once a year to determine eligibility for continued occupancy. If adjusted household income exceeds the maximum income limit by more than 5 percent, a surcharge is to be added to the rent.

We are enclosing the following materials for your use in conducting this review:

The Housing Company instructions and related materials may be viewed in the PDF version of Memorandum 2007-B-02

The following Tenants/Cooperators are NOT subject to this income review:

Please make one submission of the following documents to this office by September 7, 2007:

Should you have questions on the income review procedure, please call Justine Alston-Payne at (212) 480-7340.

Jane I. Berrie

Last updated on 09/30/09