Landlords that rent to tenants receiving government assistance may want to take note of the Rental Housing Integrity Improvement Project or RHIIP. RHIIP falls under the Office of Housing and its goal is to ensure that low-income families getting rental assistance are getting the right amount. To figure this amount the family’s annual income minus deductions is determined which means that property owners or managers who rent to these individuals are responsible for making sure they have accurate annual income information for their tenants.
Because the government is theoretically getting all income information through Social Security and Supplemental Security Income benefits, and W4 information as well as a number of other agencies and sources that supply annual income information to the HUD, they compile all of this information and make it available in the EIV System.
Property managers who use information received on the EIV System are required to first contact the tenants and let them know that they are using this information to recalculate their income which may affect the amount they receive as rental assistance.
Since its inception, the EIV System has helped reduce errors and improper payments due to improperly reported income information. By working together the tenant, landlord, property owner and government can insure that proper assistance is provided to those who really need it.