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nope, considering my number is so low, they are slow AF... also 4/27 was literally 3 business days. Safe to say, yes we are impatient
Lol, this is SO true! I'm trying to guess when I should hear something but considering they give you 10 business days to respond to the request for docs or decline, it'll be at least 2 weeks until they get up to me (probs 3-4 weeks )
Lol, this is SO true! I'm trying to guess when I should hear something but considering they give you 10 business days to respond to the request for docs or decline, it'll be at least 2 weeks until they get up to me (probs 3-4 weeks )
It's crazy to because no matter where you are in the process, the anxiety is almost the same. I'm literally going to look at apts in a few days, yet, I keep refreshing my email as if I was not contacted.
Well, I submitted my documents and I was rejected due to "not meeting the income requirements" and just appealed.
Please let me know if you would think the same way...
I was unemployed for much of 2021 (graduated in 2020 during covid and started my first job August 2021). My yearly salary is 65k with a discretionary annual bonus based on company profit share. In 2021, I got $500. On my 2021 tax returns, because I was only employed 3+ months out of the 12 months in the year so it showed I made 22k-ish (obviously a lot less). However, can housing connect reject me since I wasn't employed for the entire year?? If you do the math of my bi-monthly paystubs x24 I made 65k plus the bonus? The minimum income is $65,315 for the unit and I technically make $65,500 gross per year... I submitted my offer letter that states my yearly salary as well as evidence of the bonus on a paystub. I am just totally confused and lowkey angry that I have to defend this!
What do you all think? Am I in the right? Fingers crossed!
They are supposed to go based on whichever is higher… Considering your pay stubs reflect 65k+bonus, thats the amount they should be using.
It’s so tricky with bonuses. A lot of people appeal it because it puts them over limit and they state it isn’t guaranteed and win! Yet, someone like yourself, your bonus benefits you.
I would 1000% appeal, because it’s too close to call.. I hope you win!
Well, I submitted my documents and I was rejected due to "not meeting the income requirements" and just appealed.
Please let me know if you would think the same way...
I was unemployed for much of 2021 (graduated in 2020 during covid and started my first job August 2021). My yearly salary is 65k with a discretionary annual bonus based on company profit share. In 2021, I got $500. On my 2021 tax returns, because I was only employed 3+ months out of the 12 months in the year so it showed I made 22k-ish (obviously a lot less). However, can housing connect reject me since I wasn't employed for the entire year?? If you do the math of my bi-monthly paystubs x24 I made 65k plus the bonus? The minimum income is $65,315 for the unit and I technically make $65,500 gross per year... I submitted my offer letter that states my yearly salary as well as evidence of the bonus on a paystub. I am just totally confused and lowkey angry that I have to defend this!
What do you all think? Am I in the right? Fingers crossed!
Damn, what a pain! You should 100% appeal. They’re also supposed to add 6% of any assets (savings, retirement etc.)to your income so if you have anything that should have given you extra cushion. I hope it works out!
On the plus side, didn’t you just submit docs a couple of days ago? Seems like once they finally contact you they move relatively quick? Maybe?
Damn, what a pain! You should 100% appeal. They’re also supposed to add 6% of any assets (savings, retirement etc.)to your income so if you have anything that should have given you extra cushion. I hope it works out!
On the plus side, didn’t you just submit docs a couple of days ago? Seems like once they finally contact you they move relatively quick? Maybe?
Good luck! *fingers crossed*
Oh I didn’t know that. Where did you find/see that they’re supposed to take 6% from savings etc? From the handbook? Just wondering bc I have a feeling I will have to appeal to HPD or HDC and anything to make my case will be so helpful!
Yes it took 3 business days from me submitting my documents to getting rejected. Hope the process is fast for you all!
Oh I didn’t know that. Where did you find/see that they’re supposed to take 6% from savings etc? From the handbook? Just wondering bc I have a feeling I will have to appeal to HPD or HDC and anything to make my case will be so helpful!
Yes it took 3 business days from me submitting my documents to getting rejected. Hope the process is fast for you all!
Yes, from the handbook, in the 2021 version its page 53 where it talks about assets. If you have over $5000 in total assets they take 6% of the total (or your actual earned income from the assets which ever is higher) and add it to your income. And I just went through the approval process for 350 Clarkson and that's what they did.
"When over $5,000 total, the actual earned income from the
asset is compared to the imputed value (.06 percent of the total) and the
higher of these amounts is added to the household income."
Literally what they did for 350 clarkson is add up all by bank accounts (checking, savings, and CDs, and retirement accounts) and x .06 and then added it to my calculated income.
Yes, from the handbook, in the 2021 version its page 53 where it talks about assets. If you have over $5000 in total assets they take 6% of the total (or your actual earned income from the assets which ever is higher) and add it to your income. And I just went through the approval process for 350 Clarkson and that's what they did.
"When over $5,000 total, the actual earned income from the
asset is compared to the imputed value (.06 percent of the total) and the
higher of these amounts is added to the household income."
Literally what they did for 350 clarkson is add up all by bank accounts (checking, savings, and CDs, and retirement accounts) and x .06 and then added it to my calculated income.
Thank you! I will definitely reference this as I feel like I am going to get re-rejected and will have to appeal to HPD...... this is just all too stressful for me!
Thank you! I will definitely reference this as I feel like I am going to get re-rejected and will have to appeal to HPD...... this is just all too stressful for me!
Did they tell you what they calculated your income to be? If not, I would just lay out your 65k, plus bonus (can you get a letted from your job that the bonus is expected to be the same or higher this year?), and then do the assets calculation yourself and add it to your calculated income and say that is the income you believe is correct.
Did they tell you what they calculated your income to be? If not, I would just lay out your 65k, plus bonus (can you get a letted from your job that the bonus is expected to be the same or higher this year?), and then do the assets calculation yourself and add it to your calculated income and say that is the income you believe is correct.
I'm sorry, this process sounds horrible.
No, all it said was I didn't meet the requirement and all it had was 65k. Yeah I was thinking about having my work write me a letter but I already submitted by docs for appeal...
We'll see. And yes, this is horrible and too stressful for me lol.
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