This course is designed for those new to calculating rents and for those wanting to enhance their knowledge of income and rent determinations. Participants will learn procedures for determining, calculating, and documenting income and rent calculations. The newest guidance and requirements provided by HUD, including over-income families, will be addressed. HOTMA changes to the rent determination process will be covered as HUD releases guidance.
Sample verification and tracking forms will be provided, along with an updated Earned Income Disallowance (EID) worksheet for calculating and tracking EID for those qualifying on or after May 9, 2016. Case studies are interspersed throughout the training to reinforce principles presented.
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!
- Excluded Income
- Income Exclusions
- Case Studies
- Processing Over-Income Families (HOTMA – PIH 2019-11)
- Earned Income Disallowance (EID)
- Deduction & Allowances
- Calculation of Total Tenant Payment (TTP)
- Minimum Rent Hardship Exemption
- Flat Rents
- Processing Prorated Rent for Mixed Families
- Utility Allowances & Calculating Tenant Rent
Duration: 3 hours and 56 minutes