Get the free HUD Utility Schedule Model (HUSM) Instructions I ... - HUD User

HUD Utility Schedule Model (HUM) Instructions I. Introduction The HUD Utility Schedule Model (HUM) has been developed to provide a consistent basis for determining utility schedules, using form HUD52667,

How to fill out hud utility schedule model

How to fill out HUD utility schedule model:

1. Gather necessary information: Begin by collecting all the required information for completing the HUD utility schedule model. This includes utility expense data for the property, such as electricity, gas, water, and any other relevant expenses.
2. Understand the forms: Take the time to carefully review and understand the HUD utility schedule model forms. Familiarize yourself with the layout and the specific fields that need to be filled out.
3. Enter property details: Start filling out the form by entering the necessary property details, such as the name of the property owner or manager, the property address, and any other relevant information requested.
4. Assess utility expenses: Determine the utility expenses for the property by reviewing utility bills or records. Enter the appropriate amounts for electricity, gas, water, and any other expenses indicated in the form.
5. Calculate average monthly costs: Calculate the average monthly costs for each utility using the provided formula in the HUD utility schedule model. This is usually the sum of the annual utility costs divided by 12.
6. Enter average monthly costs: Fill in the average monthly costs for each utility in the designated fields on the form. Make sure to accurately enter the amounts to provide an accurate representation of the property's utility expenses.
7. Complete additional sections: Depending on the specific requirements of the HUD utility schedule model, there may be additional sections to fill out. Be sure to carefully review the form and fill in any additional details as necessary.
8. Review and verify: Once you have completed filling out the HUD utility schedule model, take the time to review all the entered information. Ensure that the calculations are correct and that there are no errors or missing details.
9. Submit the form: Once you are satisfied with the accuracy of the filled-out HUD utility schedule model, submit the form according to the specified instructions. This may involve submitting it electronically or mailing a physical copy to the appropriate authority.

Who needs the HUD utility schedule model?

1. Property owners or managers: The HUD utility schedule model is typically needed by property owners or managers who are required to report the utility expenses for their properties. It helps in providing an accurate representation of the property's utility costs.
2. Housing and urban development agencies: HUD utility schedule models are often used by housing and urban development agencies to collect data on utility expenses for properties under their jurisdiction. This information helps in assessing the affordability and sustainability of housing options.
3. Utility companies: Utility companies may also require the HUD utility schedule model to better understand the utility usage patterns and expenses for specific properties. This information aids in planning and resource allocation for utility services.

Note: It is important to consult the specific guidelines and requirements of the entity or program requesting the HUD utility schedule model to ensure accurate and compliant completion of the form.

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What is hud utility schedule model?

The HUD Utility Schedule Model is a form used by properties that receive subsidies from the Department of Housing and Urban Development (HUD) to report their utility expenses.

Who is required to file hud utility schedule model?

Properties that receive subsidies from HUD are required to file the HUD Utility Schedule Model.

How to fill out hud utility schedule model?

The HUD Utility Schedule Model can be filled out by entering the required information about utility expenses for the property.

What is the purpose of hud utility schedule model?

The purpose of the HUD Utility Schedule Model is to accurately report utility expenses for properties receiving HUD subsidies.

What information must be reported on hud utility schedule model?

The HUD Utility Schedule Model requires information about utility expenses, such as electricity, water, and gas costs.