HCV and Public Housing Rent Calculation

LEARNING OUTCOMES: Upon completion of the Housing Choice Voucher (HCV) & Public Housing Rent Calculation Training, using HUD regulations and guidance, you should be able to:

• Annual Income - Identify the types of income that must be included in or excluded from annual income using 24 CFR, Section 7 of the 50058, learning activities, and narrative instruction
  • Identify types of income that are included and types that are excluded from annual income, including federally mandated exclusions
  • Calculate annual income including annualizing income figures, rounding, and net vs. gross income
  • Determine when to impute sanctioned welfare, calculate the amount, and how to offset imputed welfare with new income
  • Determine how to treat different types of income including self-employment, seasonal, sporadic, periodic payments, and lump sums
  • Calculate the incremental increase for training program income and understand when to exclude that incremental increase
• Earned Income Disallowance (EID) - Calculate and track the earned income disallowance (EID) using 24 CFR, NMA’s EID worksheet, learning activities, discussion, and narrative instruction
  • Identify the three qualifying criteria to receive the EID as well as the differences in initial qualification for persons in the HCV and public housing programs
  • Calculate the incremental increase
  • Identify challenges and strategies for tracking EID in both the initial exclusion period and the phase-in period
• Assets - Identify assets and calculate income from assets using 24 CFR, Section 6 of the 50058, learning activities, and narrative instruction
  • Calculate the cash value, market value, and anticipated income of assets
  • Calculate imputed asset income when the total cash value of assets exceeds $5000
  • Identify which assets are included and which are not
  • Calculate the market and cash values and the net rental income for rental property
  • Identify assets disposed of for less than fair market value and calculate the amount to be imputed for two years from the date of sale
• Adjusted Income - Calculate adjusted income by correctly deducting HUD-defined allowances and expenses from annual income using 24 CFR, Section 8 of the 50058, learning activities and narrative instruction
  • Identify who qualifies for the dependent and elderly/disabled allowances
  • Calculate the childcare allowance, the income cap (when it applies), and identify who qualifies and what expenses qualify for the deduction
  • Calculate the disability assistance expense, income cap, 3% threshold, and identify who qualifies and what expenses qualify for the deduction
  • Calculate the medical expense deduction, 3% threshold, and identify who qualifies and how to set policies for what expenses qualify
  • Determine how family composition effects qualifications for deductions and calculate adjusted income using the 5 major HUD deduction
• Verification - Recognize the requirements for verification of income, allowances, and expenses using the HUD verification guidebook and narrative instruction
  • Discuss HUD’s verification hierarchy and how it relates to PHA practice
  • Understand the importance of documentation in the verification process
  • Identify the role of HUD’s EIV system and when to use it in the verification process
• Rent Calculation - Calculate rent using annual and adjusted income in learning activities using Sections 9, 10, and 12 of the 50058 as well as narrative instruction
  • Calculate TTP using total monthly income, minimum rent, welfare rent, and adjusted monthly income
  • Determine the role of the utility allowance and when a family would receive a utility reimbursement payment
  • Demonstrate an awareness of the minimum rent range and the process for minimum rent hardship exemptions
  • Calculate and identify rent methods and tenant choice of rent method for the public housing program including tenant rent, flat rent, and ceiling rents
  • Calculate rent for the HCV program including payment standards, HAP, affordability, and family share
  • Calculate prorated rent for mixed families

    SEMINAR #:	101-104
    AGENDA:	View the agenda
    MATERIALS:	Rent Calculation for HCV and Public Housing Workbook, Rent Calculation References Course Book, and NMA pen, pencil, calculator, and bag
    METHOD:	A group-live seminar featuring PowerPoint, case studies, group discussion, seminar materials (workbook, course book or master book), brainstorming, and Q & A
    LENGTH:	Three days
    AUDIENCE:	Occupancy and reexam staff and supervisors
    EXAM:	The certification exam is available for $150. Select the exam during checkout or click here to view a list of certification exams available.
    CREDITS:	CPE units w/ exam = 21 CEU units w/ exam = 1.8 No prerequisites or advanced preparation required for this course
    AVAILABLE IN SPANISH:	This seminar is available in Spanish. Agencies who request this seminar in Spanish, receive a bilingual trainer and the PowerPoint presentation for the seminar in Spanish. Contact us for more information. Este seminario esta disponible en español. Una agencia puede pedir este seminario en español y recibirá un entrenador bilingüe y la presentación de power point será en español. Comuníquese con nuestra oficina para más información.
    REGISTER:	Fill out the PDF registration form and fax to 619.258.5791. Or select the seminar you'd like to attend from the list of locations and dates below to order online.