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Chapter Three - Calculating Annual (Gross) Income Exhibit 3.2 - 24 CFR Part 5 Annual Income Exclusions 1. Income from employment of children (including maintenance, resident initiatives coordination, foster children) under the age of 18 years. and serving as a member of the PHA's 2. Payments received for the care of foster governing board. No resident may receive children or foster adults (usually persons with more than one such stipend during the same disabilities, unrelated to the tenant family, who period of time. are unable to live alone). (e) Incremental earnings and benefits resulting 3. Lump-sum additions to family assets, such as to any family member from participation in inheritances, insurance payments (including qualifying state or local employment training payments under health and accident insurance programs (including training not affiliated with and worker's compensation), capital gains, and a local government) and training of a family settlement for personal or property losses member as resident management staff. (except as provided in Exhibit 3.1, number 5 of Amounts excluded by this provision must be Income Inclusions). r~ceived under employment training programs 4. Amounts received by the family that are with clearly defined goals and objectives, and specifically for, or in reimbursement of, the cost are excluded only for the period during which of medical expenses for any family member. the family member participates in the 5. Income of a live-in aide (as defined in 24 CFR employment training program. 5.403). 10. Temporary, nonrecurring, or sporadic income 6. Certain increases in income of a disabled (including gifts). member of qualified families residing in HOME- 11. Reparation payments paid by a foreign assisted housing or receiving HOME tenant- government pursuant to claims filed under the based rental assistance (24 CFR 5.671 (a)). laws of that government by persons who were 7. The full amount of student financial assistance persecuted during the Nazi era. paid directly to the student or to the educational 12. Earnings in excess of $480 for each full-time institution. student 18 years old or older (excluding the 8. The special pay to a family member serving in head of household or spouse). the Armed Forces who is exposed to hostile 13. Adoption assistance payments in excess of fire. $480 per adopted child. 9. (a) Amounts received under training programs 14. Deferred periodic amounts from supplemental funded by HUD. security income and social security benefits (b) Amounts received by a person with a that are received in a lump sum amount or in disability that are disregarded for a limited time prospective monthly amounts. for purposes of Supplemental Security Income 15. Amounts received by the family in the form of eligibility and benefits because they are set refunds or rebates under state or local law for side for use under a Plan to Attain Self- property taxes paid on the dwelling unit. Sufficiency (PASS). 16. Amounts paid by a state agency to a family (c) Amounts received by a participant in other with a member who has a developmental publicly assisted programs that are specifically disability and is living at home to offset the for, or in reimbursement of, out-of-pocket cost of services and equipment needed to expenses incurred (special equipment, keep the developmentally disabled family clothing, transportation, child care, etc.) and member at home. which are made solely to allow participation in 17. Amounts specifically excluded by any other a specific program. Federal statute from consideration as income (d) Amounts received under a resident service for purposes of determining eligibility or stipend. A resident service stipend is a modest benefits under a category of assistance amount (not to exceed $200 per month) programs that includes assistance under any received by a resident for performing a service program to which the exclusions set forth in 24 for the PHA or owner, on a part-time basis, that CFR 5.609(c) apply. A notice wilt be enhances the quality of life in the development. published in the Federal Register and Such services may include, but are not limited distributed to housing owners identifying the to, fire patrol, hall monitoring, lawn benefits that qualify for this exclusion. Technical Guide for Determining Income and Allowances for the HOME Program - 21