The recently passed American Recovery and Reinvestment Act authorizes states to pay an additional $25 in unemployment compensation. HUD recently clarified that the law does not provide for this money to be excluded from income in assisted housing programs, so you must include it in calculations...
HUD considers unemployment compensation to be income, so be sure to include it in your income calculations when certifying and recertifying residents. Even if a resident doesn't know how long he'll be out of work and collecting benefits, according to Handbook 4350.3, an owner must...
When certifying households, don't assume you can always treat minors as dependents, says assisted housing consultant A. J. Johnson, an expert in HUD rules. Although most household members who are minors (that is, under 18 years old) should be treated as dependents, an “emancipated...