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Memorandum February 5, 2002: Fact Sheets for Project-Based Assistance Programs

Exclusions from Annual Income:

HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs · 2026 edition · updated 2026-07-29 · United States

  • Income from the employment of children (including foster children) under the age of 18

  • Payment received for the care of foster children or foster adults (usually persons with disabilities, unrelated to the tenant family, who are unable to live alone

  • Lump-sum additions to family assets, such as inheritances, insurance payments (including payments under health and accident insurance and worker’s compensation), capital gains and settlement for personal or property losses

  • Amounts received by the family that are specifically for, or in reimbursement of, the cost of medical expenses for any family member

    • Amounts received by a participant in other publicly assisted programs which are specifically for or in reimbursement of out-of-pocket expenses incurred (special equipment, clothing, transportation, child care, etc.) and which are made solely to allow participation in a specific program

    • Resident service stipend (not to exceed $200 per month)

    • Incremental earnings and benefits resulting to any family member from participation in qualifying State or local employment training programs and training of a family member as resident management staff

    • Temporary, non-recurring or sporadic income (including gifts)

    • Reparation payments paid by a foreign government pursuant to claims filed under the laws of that government by persons who were persecuted during the Nazi era

    • Earnings in excess of $480 for each full time student 18 years old or older (excluding head of household, co-head or spouse)

    • Adoption assistance payments in excess of $480 per adopted child

    • Deferred periodic payments of supplemental security income and social security benefits that are received in a lump sum amount or in prospective monthly amounts

    • Amounts received by the family in the form of refunds or rebates under State of local law for property taxes paid on the dwelling unit

    • Amounts paid by a State agency to a family with a member who has a developmental disability and is living at home to offset the cost of services and equipment needed to keep the developmentally disabled family member at home

  • Income of a live-in aide

  • Subject to the inclusion of income for the Section 8 program for students who are enrolled in an institution of higher education under Annual Income Includes, above, the full amount of student financial assistance either paid directly to the student or to the educational institution

  • The special pay to a family member serving in the Armed Forces who is exposed to hostile fire

  • Amounts received under training programs funded by HUD

  • Amounts received by a person with a disability that are disregarded for a limited time for purposes of Supplemental Security Income eligibility and benefits because they are set aside for use under a Plan to Attain Self-Sufficiency (PASS)

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▸ Contents — HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs
HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs
  1. HUD Handbook 4350.3: Occupancy Requirements of Subsidized Mult…
  2. Exhibit 3-12: Section 8, RAP, and Rent Supplement Programs – S…
  3. Exhibit 3-13: Section 236 Without Additional Assistance – Spec…
  4. Exhibit 3-14: Section 236 With Benefit of Additional Assistanc…
  5. Document Package for Applicant's/Tenant's Consent to the Relea…
  6. Exhibit 7-2: Sample Annual Recertification First Reminder Notice
  7. Exhibit 7-4: Sample Annual Recertification Third Reminder Noti…
  8. SAMPLE TENANT CONSENT TO DISCLOSE EIV INCOME INFORMATION
  9. Applying the Model Lease for Subsidized Programs to Individual…
  10. Applying the Model Leases for Section 202 PRAC and Section 811…
  11. Sample Move-In/Move-Out Inspection Form
  12. ▸ Memorandum February 5, 2002: Fact Sheets for Project-Based Ass…
    Overview
    1. OAs’ Responsibilities:
    2. “HOW YOUR RENT IS DETERMINED”
    3. Office of Housing
    4. Residents’ Responsibilities:
    5. Why Determining Income and Rent Correctly is Important
    6. Income Determinations
    7. What is Annual Income?
    8. Below Market Interest Rate (BMIR) Rent Formula:
    9. Income and Assets
    10. Annual Income Includes:
    11. Assets Include:
    12. Assets Do Not Include:
    13. Exclusions from Annual Income:
    14. Federally Mandated Exclusions:
    15. Regulations:
    16. Handbook:
    17. Notices:
    18. For More Information:
    19. FACT SHEET For HUD ASSISTED RESIDENTS
    20. Project-Based Section 8
    21. Office of Housing
    22. Residents’ Responsibilities:
    23. Why Determining Income and Rent Correctly is Important
    24. Income Determinations
    25. What is Annual Income?
    26. What is Adjusted Income?
    27. Project-Based Section 8 Rent Formula:
    28. Income and Assets
    29. Annual Income Includes:
    30. Assets Include:
    31. Assets Do Not Include:
    32. Exclusions from Annual Income:
    33. Federally Mandated Exclusions:
    34. Deductions:
    35. Legislation:
    36. Regulations:
    37. Handbook:
    38. Notices:
    39. For More Information:
    40. FACT SHEET For HUD ASSISTED RESIDENTS
    41. “HOW YOUR RENT IS DETERMINED”
    42. Residents’ Responsibilities:
    43. Why Determining Income and Rent Correctly is Important
    44. What is Annual Income?
    45. What is Adjusted Income?
    46. Rental Assistance Payment (RAP) Rent Formula:
    47. Income and Assets
    48. Assets Include:
    49. Annual Income Includes:
    50. Assets Do Not Include:
    51. Exclusions from Annual Income:
    52. Federally Mandated Exclusions:
    53. Regulations:
    54. Handbook:
    55. Notices:
    56. For More Information:
    57. Deductions:
    58. “HOW YOUR RENT IS DETERMINED”
    59. Residents’ Responsibilities:
    60. Why Determining Income and Rent Correctly is Important
    61. What is Annual Income?
    62. What is Adjusted Income?
    63. OAs’ Responsibilities:
    64. Income and Assets
    65. Annual Income Includes:
    66. Assets Include:
    67. Assets Do Not Include:
    68. Exclusions from Annual Income:
    69. Federally Mandated Exclusions:
    70. Regulations:
    71. Handbook:
    72. Notices:
    73. For More Information:
    74. Deductions:
    75. FACT SHEET For HUD ASSISTED RESIDENTS
    76. Residents’ Responsibilities:
    77. “HOW YOUR RENT IS DETERMINED”
    78. Income Determinations
    79. Why Determining Income and Rent Correctly is Important
    80. What is Adjusted Income?
    81. Determining Tenant Rent
    82. OAs’ Responsibilities:
    83. Income and Assets
    84. Annual Income Includes:
    85. Assets Include:
    86. Assets Do Not Include:
    87. Exclusions from Annual Income:
    88. Federally Mandated Exclusions:
    89. Regulations:
    90. Handbook:
    91. Notices:
    92. For More Information:
    93. Deductions:
    94. FACT SHEET For HUD ASSISTED RESIDENTS
    95. Section 236
    96. “HOW YOUR RENT IS DETERMINED”
    97. June 2007
    98. Income Determinations
    99. Why Determining Income and Rent Correctly is Important
    100. What is Adjusted Income?
    101. Section 236 Rent Formulas:
    102. OAs’ Responsibilities:
    103. Income and Assets
    104. Annual Income Includes :
    105. Assets Include:
    106. Assets Do Not Include:
    107. Exclusions from Annual Income:
    108. Federally Mandated Exclusions:
    109. Regulations:
    110. Handbook:
    111. Notices:
    112. For More Information:
    113. Deductions:

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