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6-I.C. ANTICIPATING ANNUAL INCOME <br />The PHA is required to count all income “anticipated to be received from a source outside the <br />family during the 12-month period following admission or annual reexamination effective date” <br />[24 CFR 5.609(a)(2)]. Policies related to anticipating annual income are provided below. <br />Basis of Annual Income Projection <br />The PHA generally will use current circumstances to determine anticipated income for the <br />coming 12-month period. HUD authorizes the PHA to use other than current circumstances to <br />anticipate income when: <br /> An imminent change in circumstances is expected [HCV GB, p. 5-17] <br /> It is not feasible to anticipate a level of income over a 12-month period (e.g., seasonal or <br />cyclic income) [24 CFR 5.609(d)] <br /> The PHA believes that past income is the best available indicator of expected future income <br />[24 CFR 5.609(d)] <br />PHAs are required to use HUD’s Enterprise Income Verification (EIV) system in its entirety as a <br />third-party source to verify employment and income information, and to reduce administrative <br />subsidy payment errors in accordance with HUD administrative guidance [24 CFR 5.233(a)(2)]. <br />HUD allows PHAs to use tenant-provided documents (pay stubs) dated within 120 days of the <br />date received by the PHA to project income once EIV data has been received in such cases <br />where the family does not dispute the EIV employer data and where the PHA does not determine <br />it is necessary to obtain additional third-party data. The PHA may also accept a statement dated <br />within the appropriate benefit year for fixed income sources. <br />SAHA Policy <br />When EIV is obtained and the family does not dispute the EIV employer data, SAHA <br />will use current tenant-provided documents to project annual income. When the tenant- <br />provided documents are pay stubs, SAHA will make every effort to obtain current and <br />consecutive pay stubs dated within the last 120 days. <br />SAHA will obtain written and/or oral third-party verification in accordance with the <br />verification requirements and policy in Chapter 7 in the following cases: <br />If EIV or other UIV data is not available, <br />If the family disputes the accuracy of the EIV employer data, and/or <br />If SAHA determines additional information is needed. <br />In such cases, SAHA will review and analyze current data to anticipate annual income. In <br />all cases, the family file will be documented with a clear record of the reason for the <br />decision, and a clear audit trail will be left as to how SAHA annualized projected income. <br />EXHIBIT 1