EIV...Easy as 1, 2, 3!
HUD requires owner/agents to develop EIV policies and procedures to describe who has access to EIV, how the EIV data is secured, when each report is reviewed and how property staff use the data provided in the EIV reports. Detailed requirements are described in HUD Notice 13-06, HH 4350.3 R1 and in the EIV Guides
RBD has provided necessary sample policies, sample checklists and sample notices to assist you in the development of your own comprehensive policy and to ensure compliance with HUD’s requirements. Key points to consider:
You must keep EIV data secure
You must use EIV for screening
You must have permission from the head-of-household, co-head, spouse and all adult household members before you can review EIV information
You must review income reports 90 days post move-in, during each annual certification and during each interim certification
You must maintain a property Master File
You must describe if you use the No Income reports and if so, how you use them
To assist you with EIV Use Policy development, we have developed four sample policies and supporting forms, notices and checklists to help you implement and monitor compliance.
The cost for the EIV FASTForms CD is only $250.00.
As with all of our FASTForms CDs, the EIV FASTForms CD is intended for portfolio-wide use. This means that an owner or a management agent can purchase one CD and use the forms for all properties included in that owner/agent’s portfolio.
All orders shipped upon receipt of payment
All Sales are final - there are NO REFUNDS