Receivables
Receivables is what tenants owe, how long it has been owed, and HUD's tenant accounts receivable (TAR) figure. It reads the tenant ledgers.
| Control | What it does |
|---|---|
| As of | The day the figures are worked out for. Starts at today. Only entries posted on or before it count |
| Program | All programs, or one |
Public housing TAR
HUD scores public housing on
(tenant receivables − normal repayment agreements) ÷ shelter rent
- Tenant receivables is what tenants owe on the books, plus what is still to be charged under any active repayment agreement.
- Normal repayment agreements is what is still to be charged under agreements for back rent and charges. Agreements for unreported income are not taken off.
- Shelter rent is the rent tenants were charged over the last twelve months, less the subsidy credited against it, so a Section 8 tenant's shelter rent is their share and not the contract rent.
The Public housing TAR card shows the percentage, its band, and the sum behind it.
| Band | The ratio |
|---|---|
| No finding (2% or less) | 2% or less |
| Operational guidance (2–5%) | Over 2% and under 5% |
| Corrective action (5% or more) | 5% or more |
| No shelter rent yet | None: nothing was charged in the last twelve months |
HUD scores public housing only, so the official figure covers only programs whose rent rules are HUD public housing. The program table gives the same ratio for every program, for the office's own use.
Owed, by age
The Owed, by age card splits everything owed into 0–30 days, 31–60, 61–90 and 90+.
How aging works
The oldest charges are paid off first: every credit and payment on a ledger is applied to its earliest charges, and what is left of each charge is aged from the day it fell due.
| Charge | Falls due |
|---|---|
| Rent, add-ons, repayment agreement instalments | The 1st of the month it is for |
| Anything else | The day it was posted |
A household's own ledger shows the same split. See a household's ledger.
By program
| Column | What it shows |
|---|---|
| Program | The program |
| Owed | Balances above zero |
| On agreements | Still to be charged under active repayment agreements, both kinds |
| Shelter rent (12 mo) | As above |
| TAR | The program's own ratio |
By household
Every household with a balance, owed or in credit, or with something still to charge on an agreement, largest balance first: its Unit, Balance, the four age columns and On agreements. A row opens the household's ledger. With nobody owing, the page says "Nobody owes anything."