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Agenda Packet_2025-07-15
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Agenda Packet_2025-07-15
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7/9/2025 11:22:49 AM
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7/15/2025
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EXHIBIT 1 <br />These definitions include: <br />• Earned income <br />• Unearned income <br />• Family <br />• Day laborer <br />• Independent contractor <br />• Dependent <br />• Foster child and foster adults <br />• Health and medical care expenses <br />• Minor <br />Further, PHAs may, but are not required to: <br />• Stop using the EIV Income Report during interim reexams. <br />• Use Safe Harbor income determinations from means -tested federal assistance programs to <br />verify a family's income and assets. <br />Finally, in FAQs dated 2/22/24, HUD also stated PHAs may, but are not required to: <br />• Accept third -party verification dated within 120 days of the date received by the PHA (rather <br />than 60 days of the reexam/PHA request date); <br />• Accept a statement dated within the appropriate benefit year for fixed income sources like <br />Social Security; and <br />• Accept a self -certification of SSNs along with a third -party document as a last resort if an <br />individual is not able to provide documentation of SSN. <br />More details about each of the above provisions can be found in Notice PIH 2O23-27. <br />Other than what's listed above, all other provisions of HOTMA 102/104 are on hold still. This <br />means PHAs may not implement certain provisions of HOTMA yet. These include: <br />• All asset provisions, including the asset limitation; <br />• All adjusted income provisions, with the exception of the definition of health and medical <br />care expenses; <br />• Inflationary adjustments (although PHA may use the HUD -determined passbook rate); <br />• The new verification hierarchy, which allows for EIV + self -certification; <br />• Annuals using the previous 12-month period income; <br />• Interim reexam requirements; and <br />• Non -interim reexam transactions. <br />PHAs may not implement the above provisions because HUD has determined they depend on <br />HIP implementation. PHAs should await further guidance from HUD on when these will be <br />applicable. <br />© Copyright 2025 Nan McKay & Associates <br />Unlinwea dies M77.157 macte Tor interrial u <br />u <br />0 <br />5 — 959 <br />Adminplan 2/1/25 <br />7/15/2025 <br />
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