General Principles of Screening Sample Clauses

General Principles of Screening. In assessing an applicant’s ability to meet these criteria, HMC will consider the factors listed below. Exceptions and exemptions are only applicable to RAD PBV applicants. The “Working to Meet Criteria” are only applicable to public housing applicants covered by the Cabrini-Green Consent Decree, the CHA’s Relocation Rights Contract (RRC) or the Post 10/1/99 RRC (Cabrini/RRC applicants). HMC will consider the applicant’s ability to meet financial obligations, including a review of income and expected expenses; especially timely payment of rent, utilities, and other fair charges required by a lease or agreement for occupancy -the applicant must demonstrate the ability to meet financial obligations imposed by the lease by providing evidence of a source of funds to cover expenses. For RAD PBV applicants and Cabrini/RRC applicants, the following specifics apply: 1. The applicant must be current in rent and electric bills. All past due bills in these two areas must be paid prior to approval; 2. Rent is due on the 1st of the month and is considered late on the 5th of the month. Timely payment of rent shall mean no more than four rent payments made beyond the 10th of the month in a calendar year. For non-RAD PBV and Cabrini/RRC applicants, gross monthly household income must be at least two times the scheduled monthly rent for a unit. For example, a household must have income of at least $800 to qualify for a unit with rent of $400. For RAD PBV and Cabrini/RRC applicants, the tenant portion of rent for the unit will be set at 30% of the household’s monthly adjusted gross income, and there are no minimum income requirements. All tenants will be responsible for paying the unit's electricity, and if a tenant receives a utility allowance, it will be taken into account when determining the tenant portion of rent. RAD PBV and Cabrini/RRC applicants will receive a utility allowance. RAD PBV and Cabrini/RRC applicants reporting zero income must provide an estimate of monthly expenses for food, beverages, transportation, childcare, etc.
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