Maximize Income Through Accurate Rent Determinations

This course is designed for those new to calculating rents and for those wanting to reinforce their knowledge of income and rent determinations before the full implementation of HOTMA. Participants will learn procedures for determining, calculating, and documenting income and rent calculations. Desktop reference guides will be provided to assist you in the rent calculation process.

This course includes the portions of HOTMA that are either required or permitted to be implemented for all income determinations with an effective date of July 1, 2025, or later. This includes HUD’s New definitions for “Day Laborer,” “Independent Contractor,” “Seasonal Worker,” and “Health and Medical Care Expenses” along with the New mandated income exclusions. Attendees will receive a workbook with case studies and worksheets to reinforce the principles presented.

Topics discussed:

• Income and Rent Calculation Options and Requirements
• Identification of All Income to the Household
• How Data Entered Incorrectly on the form HUD-50058 Triggers PIC/EIV Errors
• Federally Mandated Income Exclusions, including New and Revised Exclusions
• New for Public Housing - Treatment of Student Financial Assistance
• Processing Over-Income Families
• Determination and Calculation of Deductions and Allowances
• Calculating Total Tenant Payment and Adjusted Income
• Income-Based Rents and Flat Rents
• Public Housing Pro-Rated Rent Calculations for Mixed Families
• Processing Minimum Rent Hardship Exemptions
• New File Documentation and Verification Requirements

This class is great for: Eligibility Staff, Staff responsible for conducting lease-up activities, performing annual reexaminations or maintaining tenant files, and Quality Control/Supervisory staff!

Duration: 15 hours and 29 minutes

SKU: 250812