EPS, Inc., understands how valuable your time is, and this is a huge timesaver for your organization! Another timesaver is having our TRACS Service Bureau report your 50059s and HAP vouchers for you. We are the TRACS Experts and can review up to 852 errors that can arise from any one submission!
O/A have the discretion to implement streamlined income determinations under current program regulations found in the FAST Act, implemented in 2015. If you are not familiar with this streamlined income determination process for when 90% of a family’s unadjusted income consists of a fixed income source, you only have to verify income every 3 years! Simply apply the COLA rates as instructed each year to the fixed income source that have not changed.
(Section I.8 of the Housing Notice H 2023-10 – 2023-10hsgn (hud.gov) -, revised 02/02/2024)
FAQ for Fast Act: FAST_Act_FAQs_12.13.17.pdf (hud.gov)


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