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Wondering what should be maintained in the EIV Master File, as opposed to individual resident files? Mary Ross of Ross Business Products has created a free document to explain RBD interpretation of HUD’s requirements that gives a breakdown, by report, explaining what should be in the EIV Master File and what should be in the resident file. In a nutshell, the EIV Master File should include:
But other income verification reports, such as the residents’ Income Summary and Income Detail Reports, are maintained in the resident files not in the EIV Master File.