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<br /> <br />Earned Income Tax Credit (EITC) refund payments (26 U.S.C. 32(j)) \[24 CFR 5.609(c)(17)\]. <br />Note: EITC may be paid periodically if the family elects to receive the amount due as part of <br />payroll payments from an employer. <br /> <br />Lump sums received as a result of delays in processing Social Security and SSI payments <br />(see section 6-I.J.) \[24 CFR 5.609(b)(4)\]. <br /> <br />6-I.I.PAYMENTS IN LIEU OF EARNINGS <br /> <br />compensation, and severance pay, are counted as income \[24 CFR 5.609(b)(5)\] if they are <br />received either in the form of periodic payments or in the form of a lump-sum amount or <br />prospective monthly amounts for the delayed start of a periodic payment. If they are received in <br />a one-time lump sum (as a settlement, for instance), they are treated as lump-sum receipts \[24 <br />CFR 5.609(c)(3)\]. (See also the discussion of periodic payments in section 6-I.H and the <br />discussion of lump-sum receipts in section 6-I.G.) <br />6-I.J.WELFARE ASSISTANCE SANCTIONS <br /> <br />Overview <br />Welfare assistance is counted in annual income. Welfare assistance includes Temporary <br />Assistance for Needy Families (TANF), called CalWORKS in the state of California, and any <br />payments to individuals or families based on need that are made under programs funded <br />separately or jointly by federal, state, or local governments \[24 CFR 5.603(b)\]. <br /> <br />Sanctions Resulting in the Reduction of Welfare Benefits \[24 CFR 5.615\] <br />The PHA must make a special calculation of annual income when the welfare agency imposes <br />certain sanctions on certain families. The full text of the regulation at 24 CFR 5.615 is provided <br />as Exhibit 6-5. The requirements are summarized below. This rule applies only if a family was <br />receiving HCV assistance at the time the sanction was imposed. <br /> <br />Covered Families <br />under a program for which Federal, State or local law requires that a member of the family must <br />participate in an economic self- <br />5.615(b)\] <br />Imputed Income <br />Whe <br />-sufficiency program or <br />work activities requirement, the PHA <br />The PHA must request that the welfare agency inform the PHA when the benefits of an HCV <br />Page 6-20 <br />04/01/14 <br /> <br />