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6-I.H. PERIODIC PAYMENTS [Notice PIH 2023-27] <br />Periodic payments are forms of income received on a regular basis. <br />Income that will not be repeated beyond the coming year (i.e., the 12 months following the <br />effective date of the certification), based on information provided by the family, is considered <br />nonrecurring income and is excluded from annual income. Income that has a discrete end date <br />and will not be repeated beyond the coming year is excluded from a family’s annual income <br />because it is nonrecurring income. For example, a family receives income from a guaranteed <br />income program in their city that has a discrete beginning and end date. While the guaranteed <br />income will be repeated in the coming year, it will end before the family’s next annual <br />reexamination. This income is fully excluded from annual income. <br />However, this does not include unemployment income and other types of periodic payments that <br />are received at regular intervals (such as weekly, monthly, or yearly). Unemployment income <br />and other types of periodic payments are not considered nonrecurring income, unless explicitly <br />excluded from income under 25 CFR 5.609(b) as updated for HOTMA, and thus they are <br />included in annual income. <br />Insurance payments and settlements for personal or property losses, including but not limited to <br />payments under health insurance, motor vehicle insurance, and workers’ compensation, are <br />excluded from annual income. Any workers’ compensation is always excluded from annual <br />income, regardless of the frequency or length of the payments. <br />Lump-Sum Payments for the Delayed Start of a Periodic Payment [24 CFR 5.609(b)(16) as <br />updated for HOTMA] <br />Deferred periodic amounts from Supplemental Security Income (SSI) and Social Security <br />benefits that are received in a lump sum amount or in prospective monthly amounts, or any <br />deferred Department of Veterans Affairs (VA) disability benefits that are received in a lump sum <br />amount or in prospective monthly amounts are excluded from annual income. <br />SAHA Policy <br />SAHA will include in annual income lump sums received as a result of delays in <br />processing periodic payments (other than those specifically excluded by the regulation), <br />such as unemployment or welfare assistance. <br />When a delayed-start payment is received that is to be included and the family reports <br />this during the period in which SAHA is processing an annual reexamination, SAHA will <br />adjust the family’s rent retroactively for the period the payment was intended to cover. <br />If the delayed-start payment is received outside of the time SAHA is processing an <br />annual reexamination, then SAHA will consider whether the amount meets the threshold <br />to conduct an interim reexamination. If so, SAHA will conduct an interim in accordance <br />with SAHA policies in Chapter 9. If not, SAHA will consider the amount when <br />processing the family’s next annual recertification. <br />EXHIBIT 1