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the four-person base should be added to the eight- <br />person income limit. (For example, the nine- <br />person limit equals 140 percent of the relevant <br />four-person income limit.) All limits developed <br />by the use of these factors are to be rounded to <br />the nearest $50. <br />4. The HUD Area Office in Honolulu provides the <br />County with a median income amount for the Hawai`i <br />area. This median family income is revised <br />periodically, and the RRP will use the most <br />current median income base available. <br />5. For the purpose of this program, family income and <br />household income shall be synonymous. All <br />applicable household occupants shall be considered <br />for determining eligibility under Section 8 family <br />income limits. <br />4.4 ADJUSTED INCOME <br />a. An applicant's adjusted gross income, as defined for <br />purposes of reporting under IRS Form 1040 for <br />individual Federal annual income tax purposes, shall be <br />used to determine income eligibility. <br /> 1. If the applicant does not file a Federal Income <br />Tax Return, the applicant must file with the RRP <br />application a Certification of Non-Filing of <br />Federal Income Tax Return. <br />b. An applicant's adjusted gross income, as defined for <br /> purposes of reporting under IRS Form 1040 for <br /> individual Federal annual income tax purposes shall be <br /> adjusted if circumstances as reported on the IRS form <br /> 1040 have changed or will change in the upcoming 12 <br /> months. <br />4.5 OWNERSHIP <br />a. The applicant must be a legal owner of record for the <br />property to be repaired for at least one year prior to <br />filing a Loan application and will remain as legal <br />owners for one year after the closing of the RRP loan. <br />Verification of ownership will be confirmed by an <br />official recorded deed to the property. The OHCD will <br />further confirm ownership through the State of Hawai`i <br />Bureau of Conveyances - Official Public Records and the <br />Real Property Tax Office websites. Ownership is <br />defined as being listed as a grantee on the deed for <br />7019RBLA -15- RRP RULES/07-07-2016 <br /> <br />