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Yes that's exactly what happened. I was asked to provide them with 6 current pay stubs. They picked the highest paying Paystub and used that to make projections for the rest of the year. They basically took that paystub and multiplied it by 26 since I get 26 checks a year.
During the first half of the year a few coworkers of mine were laid off. It was required of me to put it extra hours to cover them until new people were hired. During that month I acquired more over time then normal.
Unfortunately, that is one of the ways that they calculate income, by projecting your paystubs for a full year (and they always go by the method which produces the highest income result). There's nothing you can do if you're outside of the appeal window. As long as you were within the appeal window, you could have taken it all the way to the U.S. Supreme Court if you had wanted to, but now you're out of luck.
There are a couple of things that set off alarm bells in this process, from what I have observed. One is cash income, and another is overtime. Cash income is pretty self-explanatory, and overtime can be seen as an unpredictable (from the interviewer's point of view) source of additional income. I'm sorry that the overtime happened at a bad time for you. It's really does seem unfair, but you can kind of see the rationale behind it.
I still think it's worth contacting HPD to say that at year's end, your actual income (which takes salary and assets into account--assets are multiplied by 0.06% and added to income--when you were rejected you should have received the detailed calculation in your rejection letter) fell short of your projected income, and given this, could your "case" be repopened, because in actuality, you're in the income guidelines? You can call (there's a phone number that people actually answer) or email. They respond pretty quickly. At least you'll know what you're up against if you pursue this. You should be aware that the asset cap was lowered considerably in October, so now you might be ineligible on that front, unless the bulk of your assets are in retirement accounts. I think you've raised an interesting issue. Good luck.
Good advice from Moving415. Also, is your current income still within the range? If nothing else, maybe they can offer you the waitlist. I was reading on this forum not long ago that a new 80/20 tenant couldn't come up with his second month's rent, and the developer was going to the waitlist already. So strange things do happen!
Thank you everyone for your input. I have taken my assets and evething into consideration and I still meet the requirements for the income. I will continue pressing HPD and the development to reopen my file. I'm meeting with my lawyer next week to see if we have a case. I will keep everyone abreast.
Please do keep us abreast. As I think I'm in the same situation (haven't added up my income yet -- won't see 1099s before 1/31, but I guess I could prove income with pay stubs, invoices, and bank deposits). Just don't know if I have the will and energy to get emotionally invested in this again -- I only recently recovered from my last lottery.
Did the OP ever follow up on this with HPD? Issue: actual income lower than the projected income that disqualified the applicant. Can one get their file reopened?
Did the OP ever follow up on this with HPD? Issue: actual income lower than the projected income that disqualified the applicant. Can one get their file reopened?
Sorry I was actually waiting for my W2 to come out. I will let you know the results in a week or two.
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