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HOME Income Determination

HOME Investment Partnerships Program (HOME) regulations mandate that all HOME funds expended by a Participating Jurisdiction (PJ) must be invested in housing for low-income families, as defined at 24 CFR 92.2. Generally, this means families with incomes of 80 percent or less of the area median, as adjusted for family size. The HOME Program also has additional targeting requirements for rental housing and tenant-based rental assistance.

The income targeting requirements require PJs to determine the income eligibility of households served by HOME funding. In general, the PJ must ensure that anticipated annual income of all adults in the family is determined using either 1) The Part 5 definition of annual income; or 2) the Internal Revenue Service (IRS) adjusted gross income definition from IRS Form 1040. HOME rules specify that initial income verification must be based on a review of reliable source documentation, such as wage statements.

For more information on HOME income requirements, see 24 CFR 92.203

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Policy Guidance

  

HOMEfires

HOMEfires Vol. 10, No. 2: Guidance on the Impact of the

HUD has withdrawn this guidance.

Does the recently issued final rule on "Refinement of Income and Rent Determination Requirements in Public and Assisted Housing Programs" affect the way that PJs determine income-eligibility of HOME participants?

Date Published: February 2009

HOMEfires Vol. 5, No. 3: Guidance on the Impact of Amendments to the Regulations for Calculating Income for Disabled Individuals and Households on HOME Income and Rent Calculations

What is the impact of the regulations amending the calculation of annual income and adjusted income for disabled families and for families with members who are persons with disabilities on income and rent calculations for the HOME Program?

Date Published: July 2003

HOMEfires Vol. 3, No. 8: Impact of Changes to the Section 8 Income Calculation Methodology on Calculating HOME Income Limits

What changes have been made to the methodology for calculating Section 8 income limits? What impact will these changes have on the calculation of HOME income limits?

Date Published: June 2001

HOMEfires Vol. 1 No. 10: Impact of Quality Housing and Work Responsibility Act of 1998 on Income Eligibility Requirements for Participants in HOME-Funded Lease-Purchase Programs

How will the recently passed Quality Housing and Work Responsibility Act of 1998 affect income eligibility requirements for participants in HOME-funded lease-purchase housing programs?

Date Published: December 1998

Guidebooks and Training Manuals

  

Technical Guide for Determining Income and Allowances for the HOME Program

This guide includes explanations of the basic income determination requirements as well as exercises and case studies to enable readers to test their understanding of the key concepts.

Date Published: January 2005

Tools

  

CPD Income Eligibility Calculator

The CPD Income Eligibility Calculator is a tool to help CPD grantees determine income eligibility and assistance amounts for beneficiaries of most CPD programs.

Date Published: March 2013

Templates and Forms

  

IRS Forms

This is the link to the IRS web site where you can download any IRS Form and its relevant instructions.

Date Published: June 2010

HOME Program Eligibility Release Form

This form gives authorization for the named organization to obtain information from a third party relative to his/her eligibility in a HOME TBRA, homebuyer, rental rehabilitation, or homeowner rehabilitation program.

Date Published: June 2010

Recertification of Annual Income by Government Programs

This form is used to certify the amount of funding a household receives through a government program.

Date Published: June 2010

Recertification of Annual Income by Tenant Family

This form is completed by the tenant family to certify the household size and annual income.

Date Published: June 2010

Sample Format for Computing Total Tenant Payment and PJ Subsidy: Rental Certificate Model 

This form provides a format that can be used to compute the total payment and PJ subsidy for a rental certificate model.

Date Published: June 2010

Sample Format for Computing Total Tenant Payment and PJ Subsidy: Rental Voucher Model

This form provides a format that can be used to compute the total payment and PJ subsidy for a rental voucher model.

Date Published: June 2010

Verification of Alimony and Separation

This form gives authorization for the HOME PJ to verify alimony and separation payments made to all members of the household applying for participation in the HOME Program.

Date Published: June 2010

Verification of Assets on Deposit

This form gives authorization for the HOME PJ to verify assets on deposit for all members of the household applying for participation in the HOME Program.

Date Published: June 2010

Verification of Child Support Payments

This form gives authorization for the HOME PJ to verify child support payments made to all members of the household applying for participation in the HOME Program on all or none. 

Date Published: June 2010

Verification of Employment

This form gives authorization for the HOME PJ to verify employment income of all the members of the household applying for participation in the HOME Program.

Date Published: June 2010

Verification of Income from Military

This form gives authorization for the HOME PJ to verify military service income of all the members of the household applying for participation in the HOME Program. 

Date Published: June 2010

Verification of Income from Business

This form gives authorization for the HOME PJ to verify business income of all the members of the household applying for participation in the HOME Program.

Date Published: June 2010

Verification of Pensions and Annuities

This form gives authorization for the HOME PJ to verify pension and annuity income of all the members of the household applying for participation in the HOME Program.

Date Published: June 2010

Verification of Public Assistance Program

This form gives authorization for the HOME PJ to verify public assistance income for all the members of the household applying for participation in the HOME Program.

Date Published: June 2010

Verification of Recurring Cash Contributions

This form gives authorization for the HOME PJ to verify recurring cash contributions made to all members of the household applying for participation in the HOME Program. 

Date Published: June 2010

Verification of Social Security Benefits

This form gives authorization for the HOME PJ to verify Social Security benefit income for all the members of the household applying for participation in the HOME Program.

Date Published: June 2010

Verification of Unemployment Benefits

This form gives authorization for the HOME PJ to verify information about unemployment benefits income for all members of the household applying for participation in the HOME Program.

Date Published: June 2010

Verification of Veterans Administrative Benefits

This form gives authorization for the HOME PJ to verify Veterans Administrative Benefits income for all the members of the household applying for participation in the HOME Program.

Date Published: June 2010

Webinars and Courses

  

Using the Income Calculator to Determine Annual Income Webinar

This webinar, held on November 13, 2012, demonstrates how to use the newly launched CPD Income Eligibility Calculator to determine the Annual Income of most CPD program beneficiaries. The webinar provides grantees with an overview of how the calculator works and the benefits of using it. Finally, self-certifications and governmental agency recertification are briefly discussed.

Date Published: November 2012

Using the Income Calculator for Rental and TBRA Programs Webinar

This webinar held on November 15, 2012 demonstrates how to use the newly launched CPD Income Eligibility Calculator to determine and document the Adjusted Income, and Rental Assistance amounts for CPD Program beneficiaries. This webinar is designed for grantees using HOME, HOPWA, CDBG, CDBG Disaster Recovery, BEDI, Section 108, and/or NSP for rental housing activities where adjusted income is used (i.e., ability to pay for rent and utilities), including tenant based rental assistance programs.

Date Published: November 2012