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Get the free Change 1 to HUD Handbook 43702 Revision 1 Financial Operations and Accounting Proced...

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U.S. Department of Housing and Urban Development Special Attention of: Directors of Housing; Directors of Multifamily Housing Division; Asset Management Branch Chiefs; Owners and Management Agents
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How to fill out change 1 to hud

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Instructions for filling out Change 1 to HUD:

01
Download and print the Change 1 form from the HUD website.
02
Fill in your personal information, including your name, address, and contact information.
03
Read the instructions carefully and make sure you understand the purpose of the change and the impact it will have on your HUD application or program.
04
Identify the section or sections of the HUD form that need to be changed. This could include income information, family composition, or any other relevant details.
05
Make the necessary adjustments or updates to the form. This could involve adding new information, correcting errors, or deleting outdated information.
06
Double-check your changes for accuracy and completeness.
07
Sign and date the form in the designated areas.
08
Submit the completed form to the appropriate HUD office or organization as instructed in the change instructions.
09
Keep a copy of the completed form for your records.

Who needs Change 1 to HUD?

01
Individuals or families who have experienced a change in their income or financial situation and need to update their HUD application.
02
Individuals or families who have experienced a change in their household composition, such as the addition or removal of family members, and need to reflect this change in their HUD application.
03
Individuals or families who have received new information or documentation that needs to be included in their HUD application, such as employment verification or medical records.
04
Individuals or families who have identified errors or inaccuracies in their original HUD application and need to correct these errors.
05
Individuals or families who are participating in a specific HUD program that requires regular updates or reporting, and need to submit Change 1 forms as part of this requirement.
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Change 1 to HUD refers to a form that must be filed with the Department of Housing and Urban Development to update information related to a HUD-assisted property.
Owners or managers of HUD-assisted properties are required to file Change 1 to HUD.
Change 1 to HUD can be filled out online through the HUD Secure Systems website or by submitting a paper form to the local HUD field office.
The purpose of Change 1 to HUD is to ensure that accurate information is maintained for HUD-assisted properties, including tenant data, income information, and property details.
Information such as tenant names, household income, property address, and unit details must be reported on Change 1 to HUD.
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