| I live in a Northern Virginia, federally subsidized housing cooperative identified by HUD as a
221-d-3. We are required by HUD to recertify our qualification each year in order to continue receiving a subsidy from the Federal Government. I notified our Certified Occupancy Specialist (COS), in January 2006, that I was to receive a school loan from a family member. I was told by the COS that I did not have to declare that loan money as income and therefore I would not have to pay rent based on that extra money. In July 2006 I went in for my regular annual recertification and pointed out the deposits showing on my bank statements and told the new COS that this was school. She then told me that the school loan should have been considered income because I received it in consecutive monthly payments. I was also told that I would be charged retroactively for back rent. I'm thinking that since I divulged to the COS that I was receiving this loan, I should not be held responsible to pay back rent because the mistake was theirs rather than mine. What do you think? | 
11-14-2006, 01:19 PM
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