Asset Verification/Unemployment/Current Process Qs (Cascade G) (Ovid, Accord: apartments, closing)

[egb230]

Hi! First of all, thanks to everyone on this message board for all your information sharing—I’ve been scouring the threads and so much is explained here. I appreciate everyone’s input. Shoutout to community and crowdsourcing information! Now onto my questions:

1. I was recently contacted about the Cascade G. They asked for the regular stuff: ID, SS card, my projected 12 months income as I am a mixed income, self-employed person. They asked for my past years taxes and1099s, and my unemployment history as I’ve been collecting duro the pandemic (more on that below). How good do you think my chances are? My log number is 38xx, but I do have CB preference. My AMI bracket is 60%.

2. I’m generally a mixed income earner (freelance and W2s, depending on the year and the contracts I receive). However, I’ve been on unemployment for the majority of the pandemic, which has been supplemented with freelance 1099 work when it was available to me. According to the marketing handbook, the agent should use my unemployment benefit rate to project my 12 month income from once my docs were requested. I’m concerned, though, because unemployment is set to end this week. I have one payment remaining. I’ve already submitted my docs. Does that mean that, since I was still “on” unemployment when the docs were submitted, they will use the rules as outlined in the handbook and project my annualized salary based on my unemployment benefit amount? If not, any insight as to how they will project? My past year’s taxes would keep me in the bracket, but if they determine that just because my unemployment stops next week that I don’t have verifiable income, I may be screwed. Thoughts here?

3. How do the marketing agents access one’s assets? Can they see all accounts one’s social security number is associated with, for example, or is it dependent on my sharing account details? Just curious about what access agents get if I sign something since I’ve already given them my social security number… I’d like to understand this part of the process more. Any insight or past experiences would be appreciated.

4. I’m also just generally curious about how the interview/selection process has been throughout COVID. I’ve read the handbook, the supplementary guidelines created for the pandemic specifically, and countless posts on here… but still don’t have a clear picture of what the reduced process entails, how unemployment is going to be treated during this pivotal moment when all benefits are set to expire, etc. If anyone’s going through the process currently, could you please share your experience?

Thanks in advance for your replies—can’t wait to learn more about this process and (hopefully) move into affordable housing!!!!

[Girlfrombk11212_]

Hey I’m curious on how recently you were contacted. I’ve been contacted without cb presence. I just want to see how fast they are moving. They reached out to me a month after closing. But in my opinion I’m not to sure about ami’s. Basically having cb preference your guaranteed an apartment.

[egb230]

Originally Posted by Girlfrombk11212_

Hey I’m curious on how recently you were contacted. I’ve been contacted without cb presence. I just want to see how fast they are moving. They reached out to me a month after closing. But in my opinion I’m not to sure about ami’s. Basically having cb preference your guaranteed an apartment.

I was contacted on Sept. 1. When did the lottery close? When were you contacted?

[Girlfrombk11212_]

Originally Posted by egb230

I was contacted on Sept. 1. When did the lottery close? When were you contacted?

I was contacted on august 29th

[Girlfrombk11212_]

Originally Posted by Girlfrombk11212_

I was contacted on august 29th

And it closed July 29th

[egb230]

Originally Posted by Girlfrombk11212_

And it closed July 29th

Thanks!

[JB578]

Originally Posted by egb230

Hi! First of all, thanks to everyone on this message board for all your information sharing—I’ve been scouring the threads and so much is explained here. I appreciate everyone’s input. Shoutout to community and crowdsourcing information! Now onto my questions:

1. I was recently contacted about the Cascade G. They asked for the regular stuff: ID, SS card, my projected 12 months income as I am a mixed income, self-employed person. They asked for my past years taxes and1099s, and my unemployment history as I’ve been collecting duro the pandemic (more on that below). How good do you think my chances are? My log number is 38xx, but I do have CB preference. My AMI bracket is 60%.

2. I’m generally a mixed income earner (freelance and W2s, depending on the year and the contracts I receive). However, I’ve been on unemployment for the majority of the pandemic, which has been supplemented with freelance 1099 work when it was available to me. According to the marketing handbook, the agent should use my unemployment benefit rate to project my 12 month income from once my docs were requested. I’m concerned, though, because unemployment is set to end this week. I have one payment remaining. I’ve already submitted my docs. Does that mean that, since I was still “on” unemployment when the docs were submitted, they will use the rules as outlined in the handbook and project my annualized salary based on my unemployment benefit amount? If not, any insight as to how they will project? My past year’s taxes would keep me in the bracket, but if they determine that just because my unemployment stops next week that I don’t have verifiable income, I may be screwed. Thoughts here?

3. How do the marketing agents access one’s assets? Can they see all accounts one’s social security number is associated with, for example, or is it dependent on my sharing account details? Just curious about what access agents get if I sign something since I’ve already given them my social security number… I’d like to understand this part of the process more. Any insight or past experiences would be appreciated.

4. I’m also just generally curious about how the interview/selection process has been throughout COVID. I’ve read the handbook, the supplementary guidelines created for the pandemic specifically, and countless posts on here… but still don’t have a clear picture of what the reduced process entails, how unemployment is going to be treated during this pivotal moment when all benefits are set to expire, etc. If anyone’s going through the process currently, could you please share your experience?

Thanks in advance for your replies—can’t wait to learn more about this process and (hopefully) move into affordable housing!!!!

My log # is in the 38xx too. Haven't heard anything tho. Best of luck

[LexyStarr]

Originally Posted by Girlfrombk11212_

Hey I’m curious on how recently you were contacted. I’ve been contacted without cb presence. I just want to see how fast they are moving. They reached out to me a month after closing. But in my opinion I’m not to sure about ami’s. Basically having cb preference your guaranteed an apartment.

You are not guaranteed an appt just because you have cb

[Girlfrombk11212_]

Originally Posted by LexyStarr

You are not guaranteed an appt just because you have cb

I was saying if he was chosen and meet all the requirements if they have first dibs on the apartments. If 50% of them is reserved for them

[Girlfrombk11212_]

Originally Posted by egb230

Hi! First of all, thanks to everyone on this message board for all your information sharing—I’ve been scouring the threads and so much is explained here. I appreciate everyone’s input. Shoutout to community and crowdsourcing information! Now onto my questions:

1. I was recently contacted about the Cascade G. They asked for the regular stuff: ID, SS card, my projected 12 months income as I am a mixed income, self-employed person. They asked for my past years taxes and1099s, and my unemployment history as I’ve been collecting duro the pandemic (more on that below). How good do you think my chances are? My log number is 38xx, but I do have CB preference. My AMI bracket is 60%.

2. I’m generally a mixed income earner (freelance and W2s, depending on the year and the contracts I receive). However, I’ve been on unemployment for the majority of the pandemic, which has been supplemented with freelance 1099 work when it was available to me. According to the marketing handbook, the agent should use my unemployment benefit rate to project my 12 month income from once my docs were requested. I’m concerned, though, because unemployment is set to end this week. I have one payment remaining. I’ve already submitted my docs. Does that mean that, since I was still “on” unemployment when the docs were submitted, they will use the rules as outlined in the handbook and project my annualized salary based on my unemployment benefit amount? If not, any insight as to how they will project? My past year’s taxes would keep me in the bracket, but if they determine that just because my unemployment stops next week that I don’t have verifiable income, I may be screwed. Thoughts here?

3. How do the marketing agents access one’s assets? Can they see all accounts one’s social security number is associated with, for example, or is it dependent on my sharing account details? Just curious about what access agents get if I sign something since I’ve already given them my social security number… I’d like to understand this part of the process more. Any insight or past experiences would be appreciated.

4. I’m also just generally curious about how the interview/selection process has been throughout COVID. I’ve read the handbook, the supplementary guidelines created for the pandemic specifically, and countless posts on here… but still don’t have a clear picture of what the reduced process entails, how unemployment is going to be treated during this pivotal moment when all benefits are set to expire, etc. If anyone’s going through the process currently, could you please share your experience?

Thanks in advance for your replies—can’t wait to learn more about this process and (hopefully) move into affordable housing!!!!

Google the hdc handbook it details everything you need to know.