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The Dash-29 is currently being used to submit thousands of certifications and reports all over the country. It now provides the ability to electronically transmit the tenant certifications to RHS via the Industry Interface. The Dash-29 will continue to evolve around the rule changes dictated by RHS and the IRS. |
Dash-29 for RD 515 and Tax Credit Properties |
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| This "tried and true" PC-based Dash-29 was first introduced in 1988. Named after the 1944-29, ("dash twenty-nine"), it was first designed to report the Monthly Project Worksheets and handle Tax Credit Compliance. In 1990, the Dash-29 was enhanced to handle two different approaches to tenant reporting. One approach was to provide quick and comprehensive checks of completed certifications processed by resident managers (while at the same time updating the Project Worksheet and Tax Credit reports). The other approach was the ability to produce the entire Tenant Certification and handle all of the reporting associated with tenant reporting. |
The Dash-29 will Produce... RHS Project Worksheet (1944-29)
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Tax Credit Compliance Pre-1990 Rules
Post 1990 Rules Computes and reports compliance according to the number of bedrooms in each unit. Special One Time Election Rules Composite of Pre and Post 1990 rules. Programming will track and compute compliance according to when the household actually moved in. Median Income Splits and Special Set-Asides Keeps track and counts special set-asides for Large Family, Elderly and Handicapped requirements Allows split median incomes up to 3 different levels
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Easy and Intuitive Steps to... Recertify a household
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The Dash-29 is intelligent. In every way possible the programming detects what it can from what should be already known applying RD and Tax Credit rules to assure compliance. One example: The program will determine whether a tenant is elderly or a member is a minor from birth-date at the date the certification will be effective. It will then check the rules and allow or disallow medical and child care adjustments accordingly! |
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Transmission of Certifications to RHS No additional software required, the Dash-29 contains its own automatic communication program for accessing the RHS Industry Interface. No special steps or training required, (you do not have to manually log on, sign in, etc...), it’s automatic. Programming will also receive, store, display and print out all reply messages from transmissions to RHS. Software should never be an impulse purchase, think about how it is going to be used and ask the right questions so you can make the best possible decision. |
Confused on
Which Company’s Software to Use? Ask
yourself the following questions: Are you forced to gather piles of work (tenant
certifications, move-ins, move-outs, rent increases, etc…) that just
sit until you process all prior monthly reports?
- (You shouldn’t have to.) Does your software validate all aspects of the tenant
certification against other areas?
Here are some examples: Can you move in a 10-year-old and call he
or she a tenant? Can you
enter childcare expenses when there are no minors that are 13 or
younger? Can you say that a
tenant is “elderly” even though their birth date at the effective
date of the certification would make them younger than 62?
(If it doesn’t validate properly, how could you trust it?) Does your software utilize known or already
given information to determine what it can - without forcing you to
enter it? Is your software forgiving?
Or does it frustrate you every time you enter something
incorrect? (Good software
shouldn’t be frustrating). How much does it cost to keep your software running?
Initial purchase price is a very important item to be considered
- but are there annual fees too? When you discover a bug in the program or have problems with your data, is there good technical support to help you? When the support is finished, do you feel stupid or belittled? Are support costs reasonable?
What incentive would a software company have to fix bugs in their
programs if they are making money on supporting them? Are there lots of functions and features that don’t
provide much utility? Does the programming force you to make repetitive
entries or steps to satisfy tax credit validation or other aspects of
the programming? |
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