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04 040113 HA ADMINPLAN EX 2
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04 040113 HA ADMINPLAN EX 2
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Last modified
3/28/2013 10:01:24 AM
Creation date
3/28/2013 9:36:46 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Date
4/1/2013
Destruction Year
2018
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When tenant-provided third-party documents are used to anticipate annual income, they will be <br />dated within the last 6 Odays of the reexamination interview date. <br />EIV quarterly wages will not be used to project annual income at an annual or interim <br />reexamination. <br />Projecting Income <br />In HUD's EIV webcast of January 2008, HUD made clear that PHAs are not to use EIV <br />quarterly wages to project annual income. <br />If family does not dispute the EIV employer data, HUD allows SARA to use current acceptable <br />tenant-provided documentation (generated by a third party source) and where SARA does not <br />determine it is necessary to obtain additional third-party data, to project annual income. <br />6-LD. EARNED INCOME <br />Types of Earned Income Included in Annual Income <br />Wages and Related Compensation. The full a~ <br />and salaries, overtime pay, commissions, fees, <br />personal services is included in annual income <br />nount, before any payroll deductions, of wages <br />tips and bonuses, and other compensation for <br />[24 CFR 5.609(b)(1)] . <br />For persons who regularly receive bonuses or commissions, SARA will verify and then average <br />amounts received for the two years preceding admission or reexamination. If only a one-year <br />history is available, SARA will use the prior year amounts. In either case the family may <br />provide, and SARA will consider, a credible justification for not using this history to anticipate <br />future bonuses or commissions. If a new employee has not yet received any bonuses or <br />commissions, SARA will count only the amount estimated by the employer. <br />Some Types of Military Pay. All regular pay, special pay and allowances of a member of the <br />Armed Forces are counted [24 CFR 5.609(b)(8)] except for the special pay to a family member <br />serving in the Armed Forces who is exposed to hostile fire [24 CFR 5.609(c)(7)]. <br />Types of Earned Income Not Counted in Annual Income <br />Temporary, Nonrecurring, or Sporadic Income [24 CFR 5.609(c)(9)]. <br />This type of income (including gifts) is not included in annual income. <br />Sporadic income is income that is not received periodically and cannot be reliably predicted. For <br />example, the income of an individual who works occasionally as a handyman would be <br />considered sporadic if future work could not be anticipated and no historic, stable pattern of <br />income existed. Sporadic income includes temporary payments from the U.S. Census Bureau for <br />employment lasting no longer than 180 days [Notice PIH 2009-19] . <br />Children's Earnings. Employment income earned by children (including foster children) under <br />the age of 18 years is not included in annual income [24 CFR 5.609(c)(1)] . (See Eligibility <br />chapter for a definition of foster children.) <br />Certain Earned Income of Full-Time Students. Earnings in excess of $480 for each full-time <br />student 18 years old or older (except for the head, spouse, or co-head) are not counted [24 CFR <br />2~2s~13 Page 6-6 <br />
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