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