Eligibility Essentials: Calculating Income

HOTMA Essentials: Calculating Income

The Housing Opportunity through Modernization Act (HOTMA) has significantly altered the way income is calculated for affordable housing programs.

WHAT YOU CAN EXPECT FROM THIS TRAINING

In this two-hour presentation, US Housing Consultant will provide an in-depth review of income calculation under HOTMA. This session will cover both the changes introduced by HOTMA and offer a refresher on how to calculate common income sources that remain unaffected by these changes.

This important webinar to strengthen your understanding of HOTMA and stay compliant with the latest income calculation requirements. Whether you work for a housing authority, manage properties, or serve in a nonprofit role, this session will provide the knowledge and tools you need to confidently navigate the changing landscape of affordable housing programs.

Topics covered include, but are not limited to:

• Determining Household Size

• Earned Income (Wages, Self-Employment, Military Pay)

• Unearned Income (Social Security, Periodic Distributions, Unemployment, TANF, Child Support, Cash and Non-Cash Contributions and Student Financial Assistance)