# TXCR-1000

## Quiz by Keziah Tolentino

Entry (New hire / required for all)
OneSite Affordable
RealPage

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15 questions
• Q1

What time of the month does the government pay the monthly subsidy to Tax Credit properties on behalf of low-income renters?

The first 10 days of the month

There is no subsidy paid

It varies, the government is fickle

The last 10 days of the month

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• Q2

Is it possible for a program to have multiple set-asides?

true
false
True or False
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• Q3

A building that is meeting the 40/60 set-aside rules would have which of the following?

40% of the households are at or below the 60% AMI levels

50% of the households are at or below the 20% AMI levels

60% of the households are at or below the 40% AMI levels

20% of the households are at or below the 50% AMI levels

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• Q4

If a building has 68 units and 27 of those units are qualified under your 40/60 set-aside, is this building meeting the compliance goal? Yes or No?

Users enter free text
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• Q5

To calculate Max Rent, first determine the income limit to use (bedroom size times 1.5) then multiply by .30 divided by 12.

true
false
True or False
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• Q6

True or False?  When a property is getting an error uploading the electronic report to the reporting agency, there is nothing support can to do help, it is the agency's problem to fix.

false
true
True or False
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• Q7

What Income limit would you use for a 5-bedroom unit that is on the 60% set-aside?

\$38,760

\$38,300

\$44,520

\$45,960

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• Q8

What Income limit would you use for a 4-bedroom unit that is on the 50% set-aside?

\$29,900

\$41,640

\$34,700

\$35,880

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• Q9

Once the income limit of \$38,760 is determined, what is the Monthly Max Rent?

\$323

\$792

\$969

\$970

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• Q10

There are many different types of rental assistance that are available in various states/areas.  Federal, local, private, etc.

true
false
True or False
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• Q11

If the client is unable to edit the "Income at move-in" value from the Household information tab, what does this indicate?

The household is pending move-out

The household has a finalized Initial certification

The household is not eligible for Tax Credits

The household was converted from different software

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• Q12

True or False?  If the household is layered with HUD, the TIC must show the same income and asset values as appear on the 50059.

false
true
True or False
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• Q13

True or False?  If a household moves in on 5/16, of whatever year, on the Tax credit program the next Annual date must be 5/1 of the next year.

false
true
True or False
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• Q14

True or False? If a TIC is showing informational errors when clicking "verify tax credits", We should verify the information and ignore it if applicable.

true
false
True or False
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• Q15

True or False?  In order for a Tax Credits site to update their Utility Allowances, they must process IR TICs for every resident.

false
true
True or False
30s
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