Laserfiche WebLink
6-I.I. NONRECURRING INCOME [24 CFR 5.609(b)(24) as updated for HOTMA and <br />Notice PIH 2023-27] <br />Nonrecurring income, which is income that will not be repeated beyond the coming year (e.g., <br />12 months following the effective date of the certification) based on information provided by the <br />family, is excluded from annual income. The PHA may accept a self-certification from the <br />family stating that the income will not be repeated in the coming year. See Chapter 7 for PHA <br />policies related to verification of nonrecurring income. <br />Income received as an independent contractor, day laborer, or seasonal worker is not excluded <br />from income as nonrecurring income, even if the source, date, or amount of the income varies. <br />Income that has a discrete end date and will not be repeated beyond the coming year during the <br />family’s upcoming annual reexamination period will be excluded from a family’s annual income <br />as nonrecurring income. This exclusion does not include unemployment income and other types <br />of periodic payments that are received at regular intervals (such as weekly, monthly, or yearly). <br />Income amounts excluded under this category may include, but are not limited to: <br /> Nonrecurring payments made to the family or to a third party on behalf of the family to assist <br />with utilities; <br /> Payments for eviction prevention; <br /> Security deposits to secure housing; <br /> Payments for participation in research studies (depending on the duration); and <br /> General one-time payments received by or on behalf of the family. <br />Nonrecurring income that is excluded under the regulations includes: <br /> Payments from the U.S. Census Bureau for employment (relating to decennial census or the <br />American Community Survey) lasting no longer than 180 days and not culminating in <br />permanent employment [24 CFR 5.609(b)(24)(i) as updated for HOTMA]. <br /> Direct federal or state payments intended for economic stimulus or recovery [24 CFR <br />5.609(b)(24)(ii) as updated for HOTMA]. <br /> Amounts directly received by the family as a result of state refundable tax credits or state or <br />federal tax refunds at the time they are received [24 CFR 5.609(b)(24)(iii) and (iv) as updated <br />for HOTMA]. <br /> Gifts for holidays, birthdays, or other significant life events or milestones (e.g., wedding <br />gifts, baby showers, anniversaries) [24 CFR 5.609(b)(24)(v) as updated for HOTMA]. <br />EXHIBIT 1