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Item HA 03 - Update to the Housing Choice Voucher Administrative Plan
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Item HA 03 - Update to the Housing Choice Voucher Administrative Plan
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6/25/2025 5:52:46 PM
Creation date
6/25/2025 5:35:06 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
HA 03
Date
7/1/2025
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. Administrative Plan 7/1/2025 <br /> <br />Page 7-32 <br />7-III.G. RETIREMENT ACCOUNTS <br />SAHA Policy <br />SAHA will accept written third-party documents supplied by the family as evidence of <br />the status of retirement accounts. <br />The type of original document that will be accepted depends upon the family member’s <br />retirement status. <br />Before retirement, SAHA will accept a copy of document provided from the <br />entity holding the account with a date that shows it is the most recently scheduled <br />statement for the account but in no case earlier than 120 days from the effective <br />date of the re-examination. <br />SAHA will send third party verification to determine if family has access to the <br />account to determine penalties, early withdrawal fees, and any related fees. <br />SAHA will consider limited access as having no access. <br />Upon retirement, SAHA will accept a copy of document provided from the entity holding the <br />account that reflects any distributions of the account balance, any lump sums taken and any <br />regular payments. After retirement, SAHA will accept a copy of document provided from the <br />entity holding the account dated no earlier than 120 days from the effective date of the re- <br />examination that reflects any distributions of the account balance, any lump sums taken and any <br />regular payments. <br />EXHIBIT 1
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