Unreported Income Reminder

Greenwood Housing Authority has recently had an influx of participants with unreported income. Please note that changes in income and/or household composition must be reported to your Housing manager in within 10 days from the start date of the change.

If you commit fraud to obtain and/or maintain assisted housing from HUD, you could be:

• Required to repay all overpaid rental assistance you received.

• Fined up to $10,000.

• Imprisoned for up to five years.

• Prohibited from receiving future assistance.

• Subject to state and local government penalties.

You are committing fraud if you sign a form knowing that you provided false or misleading information. The information you provide on your housing assistance application and recertification forms will be checked.

Title 18, Section 1001 of the US Code states that a person is guilty of a felony for knowingly and willingly making false or fraudulent statements to any department of the U.S, Government.

When you fill out your application and yearly recertification for assisted housing from the GHA make sure your answers to the questions are accurate and honest. You must include:

All sources of income and changes in income you or any members of your household receive, such as wages, welfare payments, social security and veterans’ benefits, pensions, retirement, etc.

Any money you receive on behalf of your children, such as child support, TANF payments, social security for children, etc.

Any increase in income, such as wages from a new job or an expected pay raise or bonus.

All assets, such as bank accounts, savings bonds, certificates of deposit, stocks, real estate, life insurance policies with access to cash etc., are owned by you or any member of your household.

All income from assets, such as interest from savings and checking accounts, stock dividends, life insurance policies etc.

Any business income, even if it results in a net loss of income.

Thank you,

Greenwood Housing Authority