3 - PUBLIC HEARING ANNUAL ACTION PLAN

Home Browse Search

Administrative Plan -Table of Contents Administrative Plan 4/1/2016 TOC-9 6-I.K. Periodic and Determinable Allowances [24 CFR 5.609(b)(7)] ............ 6-22 Alimony and Child Support ............................................................ 6-22 Regular Contributions or Gifts ....................................................... 6-22 6-I.L. Student Financial Assistance [24 CFR 5.609(b)(9) and FR 5/20/14] .................................................................................... 6-23 Student Financial Assistance Included in Annual Income [24 CFR 5.609(b)(9) and FR 4/10/06] ............................................ 6-23 Student Financial Assistance Excluded from Annual Income [24 CFR 5.609(c)(6)] ...................................................................... 6-23 6-I.M. Additional Exclusions From Annual Income ....................................... 6-24 PART II: ADJUSTED INCOME.......................................................................................... 6-27 6-II.A. Introduction ........................................................................................... 6-27 Overview ......................................................................................... 6-27 Anticipating Expenses .................................................................... 6-27 6-II.B. Dependent Deduction ........................................................................... 6-27 6-II.C. Elderly or Disabled Family Deduction ................................................. 6-28 6-II.D. Medical Expenses Deduction [24 CFR 5.611(a)(3)(i)] ........................ 6-28 Definition of Medical Expenses...................................................... 6-28 Summary of Allowable Medical Expenses from IRS Publication 502 ............................................................................... 6-29 Families That Qualify for Both Medical and Disability Assistance Expenses ....................................................................... 6-29 6-II.E. Disability Assistance Expenses Deduction [24 CFR 5.603(b) and 24 CFR 5.611(a)(3)(ii)] ........................................................................ 6-29 Earned Income Limit on the Disability Assistance Expense Deduction ......................................................................... 6-29 Eligible Disability Expenses ........................................................... 6-30 Necessary and Reasonable Expenses .............................................. 6-31 Families That Qualify for Both Medical and Disability Assistance Expenses ....................................................................... 6-31 6-II.F. Child Care Expense Deduction ............................................................. 6-31 Clarifying the Meaning of Child for This Deduction ..................... 6-32 Qualifying for the Deduction .......................................................... 6-32 Earned Income Limit on Child Care Expense Deduction .............. 6-33 Eligible Child Care Expenses ......................................................... 6-33 PART III: CALCULATING FAMILY SHARE AND SAHA SUBSIDY ............................ 6-35 6-III.A. Overview of Rent and Subsidy Calculations ........................................ 6-35 TTP Formula [24 CFR 5.628] ........................................................ 6-35 Family Share [24 CFR 982.305(a)(5)] ............................................ 6-35 SAHA Subsidy [24 CFR 982.505(b)] ............................................. 6-35 Utility Reimbursement [24 CFR 982.514(b)] ................................. 6-35 6-III.B. Financial Hardships Affecting Minimum Rent [24 CFR 5.630] .......... 6-36 Overview ......................................................................................... 6-36 HUD-Defined Financial Hardship .................................................. 6-36 Implementation of Hardship Exemption ........................................ 6-37 3-23