New Household Move-Ins
All AHP projects must maintain documentation validating tenant rents and incomes comply with the rent and income targeting commitments made in the AHP application. This documentation must be available for review by FHLB Des Moines.
Rental Income Calculation Guidelines
AHP Income Certification/Move-In Income Checklist
Certificate of Zero Income
Income Limits
The items listed below must be collected from any new tenant, prior to move-in, to ensure the project has successful future monitoring and compliance reviews.
We will utilize details from tenants’ initial project entry for future monitoring and compliance reviews.
- AHP Initial Certification/Move in Income Checklist or similar Tenant Income Certification forms.
- Third-party income and asset documentation validating the household’s projected gross annual income.
- Rental AHP Income Calculation Guidelines must be reviewed for assistance in calculating the tenant’s gross annual income.
- Rental Certification of Zero Income Form must be completed by household members 18 years old or older who claim no income from any source.
- Lease addendum or Notice of Rent Changes, if applicable.
- The household’s income calculations must be documented in a way that ensures they can be easily duplicated and confirmed by FHLB Des Moines.