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O-2002-2599
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O-2002-2599
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Last modified
7/5/2019 4:45:30 PM
Creation date
7/27/2006 8:59:19 AM
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Template:
Legislative Records
Legislative Type
Ordinance
Date
12/9/2002
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the HOME I0stment Partnership prograr. , • <br />' the the Develcoment Block Grant=rogram, <br />' the Section 8 Program.. <br />' public housing programs, and <br />' the Low Income Hous:19 Tax Credit Progm-n. <br />Within each of these procams, the Part 5 def-iition of annual income can be used <br />to determine program eligibility and, in some =rograms, the level of assistance the <br />household will receive. <br />In some cases, two or mo.-- Federal programs may provide assistance to a single <br />program or project at the .ocal level. When this is the case, the PI should be <br />careful to choose a definit:on for income determinations that is permitted in all of <br />the relevant Federal programs. <br />Whose Income to Count <br />Under the Part 5 definition of annual income, ircome from certain groups of people <br />requires special considerat:on when calculating a household's annual income. Click <br />on the key words below fo- more information ci how to count the income of the <br />following categories of pecole: <br />' Minors (age 17 and uncer) <br />' Live-in aides <br />' Temoorarily absent family members <br />' Permanently absent family members <br />' Adult students living away from home <br />Types of Income to Count <br />At its rr:�st basic level, the =art 5 definition of e-nual income is made up of the <br />types of nouseholc income :nat are: <br />incluced in the definitio- ;"inclusions"), and <br />' exciuoed from :ne defin:::on ("exclusions"). <br />A list of :ne Part 5 :,'come ;clusions" and "exc.-Bions" is published in the Code of <br />-ederal :'egulations at 24 C=? 5.609. This list is periodically updated by HUD when <br />changes ere made :o the P-=-5 definition of am -al income by the United States <br />Zongres:. <br />�dminis:-=;ors of -OME an: ether Federal programs are generally expected to <br />.mpieme-: any changes to z -e regulations withir. 50 days of publication in the <br />-ederal :egister. <br />Located :clow are easy -to -read tables showing the Part 5 income inclusions and <br />exclusions aublishe= at 24 C=R 5.609 on April 1, :998. <br />11,'=: '00� <br />
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