Piazza & Associates

Policies & Procedures

Asset Limits for COAH properties

Limits on Assets Adopted by COAH 2020 Counting Income from Assets: When calculating income to qualify households for affordable housing, assets are typically counted to the degree to which they generate income (e.g., the interest you earn on a savings account). Under...

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Application Policies Revised

Applications for Affordable Housing can be withdrawn for the following reasons: The application is not signed or submitted on time; The applicant's sources of income or household composition changes after the submission of the final application, but before approval;...

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Random Selection

All Waiting Lists are subject to Random Selection: At the start of a project; Periodically while the list is held by us; Or when a unit is available. The term, "Random Selection," is used to describe the process by which we establish the priority order of applicants...

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Waiting Lists Closure Policy

Each property or municipality has a "Waiting List," or list of applicants who are "prequalified" on the basis of our review of a preliminary application. Since the determination to place someone on a waiting list is based on information that has not been verified, we...

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