04 040113 HA ADMINPLAN EX 2 - Laserfiche WebLink

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Administrative Plan -Table of Contents Chapter 6 INCOME AND SUBSIDY DETERMINATIONS [24 CFR Part 5, Subparts E and F; 24 CFR 982] PART I: ANNUAL INCOME ............................................................................................... 6-1 6-I.A. Overview ................................................................................................. 6-1 6-I.B. Household Composition and Income ...................................................... 6-2 Summary of Income Included and Excluded byPerson ................... 6-2 Temporarily Absent Family Members .............................................. 6-2 Family Members Permanently Confined for Medical Reasons........ 6-3 Joint Custody of Dependents ............................................................ 6-3 Caretakers for a Child ....................................................................... 6-4 6-I.C. Anticipating Annual Income .................................................................. 6-4 Basis of Annual Income Projection .................................................. 6-4 Projecting Income ............................................................................. 6-6 6-I.D. Earned Income ........................................................................................ 6-6 Types of Earned Income Included in Annual Income ...................... 6-6 Types of Earned Income Not Counted in Annual Income ............... 6-6 6-I.E. Earned Income Disallowance for Persons with Disabilities [24 CFR 5.617] ....................................................................................... 6-8 Eligibility ........................................................................................ .. 6-8 Calculation of the Disallowance ..................................................... .. 6-9 6-I.F. Business Income [24 CFR 5.609(b)(2)] ................................................ .. 6-9 Business Expenses .......................................................................... 6-10 Business Expansion ........................................................................ 6-10 Capital Indebtedness ....................................................................... 6-10 Negative Business Income .............................................................. 6-10 Withdrawal of Cash or Assets from aBusiness .............................. 6-10 Co-owned Businesses ..................................................................... 6-10 6-I.G. Assets [24 CFR 5.609(b)(3) and 24 CFR 5.603(b)] ............................. 6-11 Overview ......................................................................................... 6-11 General Policies .............................................................................. 6-11 Types of Assets ............................................................................... 6-14 6-I.H. Periodic Payments ................................................................................ 6-16 Periodic Payments Included in Annual Income .............................. 6-16 Lump-Sum Payments for the Delayed Start of a Periodic Payment ............................................................................ 6-17 Treatment of Overpayment Deductions from Social Security Benefits ................................................. 6-17 Periodic Payments Excluded from Annual Income ........................ 6-17 6-I.I. Payments In Lieu ofEarnings ............................................................... 6-18 6-I.J. Welfare Assistance ............................................................................... 6-18 Overview ......................................................................................... 6-18 Sanctions Resulting in the Reduction of Welfare Benefits [24 CFR 5.615 ] ............................................................................... 6-18 Page 8 4/02/ 12