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EXHIBIT B <br />INCOME COMPUTATION AND CERTIFICATION <br />NOTE TO APARTMENT OWNER: This form is designed to assist you in computing Annual <br />Income in accordance with the method set forth in the Department of Housing and Urban Project <br />("HUD") Regulations (24 CFR 813). You should make certain that this form is ate all times up to date <br />with the HUD Regulations. <br />Re: <br />Santa Ana, California <br />I/We, the undersigned state that I/we have read and answered fully, frankly and personally <br />each of the following questions for all persons who are to occupy the unit being applied for in the <br />above apartment project. Listed below are the names of all persons who intend to reside in the unit <br />1. <br />2. 3. 4. <br />Name of Members <br />Relationship <br />of the <br />to Head of Social Security <br />Household <br />Household Age Number <br />HEAD <br />SPOUSE <br />Income Computation <br />5. <br />Place of <br />Employment <br />6. The total anticipated income, calculated in accordance with the provisions of this <br />Certification, of all persons over the age of 18 years listed above for the 12 -month period <br />beginning the date that I/ we plan to move into a unit is $ <br />Included in the total anticipated income listed above are: <br />(a) all wages and salaries, overtime pay, commissions, fees, tips and bonuses and other <br />compensation for personal services, before payroll deductions; <br />(b) the net income from the operation of a business or profession or from the rental of real or <br />personal property (without deducting expenditures for business expansion or amortization of capital <br />indebtedness or any allowance for depreciation of capital assets), <br />(c) interest and dividends (including income from assets excluded below); <br />(d) the full amount of periodic payments received from social security, annuities, insurance <br />policies, retirement funds, pensions, disability or death benefits and other similar types of periodic <br />receipts, including any lump sum payment for the delayed start of a periodic payment; <br />B-1 <br />60E-16 <br />