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FAQ Friday: Withdrawal of cash from assets

Posted by Annie Stevenson on Jun 7, 2019 7:00:00 AM
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Question

One of our clients recently reported that he cashed in a 401(k) account. The full value of the account was $25,000. $7,000 was deducted for taxes and the client received the remaining $18,000. What should we count as income, the full gross amount or the net amount received after taxes?

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Topics: Books and Revision Services, Q&A, Rent Calculation, Knowledge Base

FAQ Friday: Eligible Immigration Status

Posted by Annie Stevenson on Jul 20, 2018 9:48:28 AM

Question

Please provide some guidance on eligible immigration status. We know that some noncitizens are eligible (such as permanent residents) and some are ineligible (such as students on a student visa). We’re not sure about other categories such as “nonimmigrant.”

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Topics: Eligibility, Q&A, Knowledge Base

HUD Publishes Two RAD Notices, Schedules Q&A

Posted by Annie Stevenson on Jul 12, 2018 10:37:17 AM

Last week HUD’s Office of Public and Indian Housing (PIH) published two Federal Register notices concerning the Rental Assistance Demonstration (RAD) program. Both notices implement program changes under the fiscal year (FY) 2018 appropriations act.

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Topics: PIH notices, Q&A, RAD, Industry News

FAQ Friday: Proof of Identity

Posted by NMA on Mar 16, 2018 5:00:00 AM

QUESTION     Does HUD require a picture ID for adult family members? Our administrative plan and ACOP policies require a state-issued picture ID but we are finding that some applicants have difficulty in obtaining one. What if there is a birth certificate on file? Is that acceptable as proof of identity under the HUD regulations?

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Topics: Q&A, Knowledge Base

FAQ Friday: Remaining Family Member

Posted by NMA on Mar 2, 2018 5:00:00 AM

QUESTION     Our PHA isn’t sure how to handle the following situation. One of our residents, a single mother with minor children, became ill and asked to add the children’s father to her public housing lease. Just as we began to process her request, the resident died. Although we have policies concerning a “remaining family member,” our understanding is that the father doesn’t qualify since he wasn’t added to the lease prior to the resident’s death. The father of the children is concerned that the children would have more trauma if they had to change households and schools now that their mother has passed. What should we do?

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Topics: Occupancy, Q&A, Knowledge Base

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