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Administrative Plan 7/1/2025 Page 6-1 <br />Chapter 6.B. <br />INCOME AND SUBSIDY DETERMINATIONS UNDER HOTMA 102/104 <br />[24 CFR Part 5, Subparts E and F; 24 CFR 982] <br />INTRODUCTION <br />This chapter is applicable upon the PHA’s HOTMA 102/104 compliance date. Prior to this date, <br />the PHA will follow policies as outlined in Chapter 6.A. of the model policy. <br />A family’s income determines eligibility for assistance and is also used to calculate the family’s <br />payment and the PHA’s subsidy. The PHA will use the policies and methods described in this <br />chapter to ensure that only eligible families receive assistance and that no family pays more or <br />less than its obligation under the regulations. This chapter describes HUD regulations and PHA <br />policies related to these topics in three parts as follows: <br />Part I: Annual Income. HUD regulations specify the sources of income which are <br />excluded from the family’s annual income. These requirements and PHA policies for <br />calculating annual income are found in Part I. <br />Part II: Assets. HUD regulations specify the types of assets which are excluded from a <br />family’s annual income. These requirements and PHA policies for calculating income <br />from assets are found in Part II. <br />Part III: Adjusted Income. Once annual income has been established, HUD regulations <br />require the PHA to subtract from annual income any of five mandatory deductions for <br />which a family qualifies and allow the PHA to adopt additional permissive deductions. <br />These requirements and PHA policies for calculating adjusted income are found in <br />Part III. <br />Part IV: Calculating Family Share and PHA Subsidy. This part describes the statutory <br />formula for calculating total tenant payment (TTP), the use of utility allowances, and the <br />methodology for determining PHA subsidy and required family payment. <br />EXHIBIT 1