Q&A – Income for Temporarily Absent Member
Question: I have a resident who has to spend less than 6 months in a nursing home. The nursing home gets all of the resident's social security benefit. How do I handle the resident's 50059? Rub ...
Clarification on VA Aid and Attendance
The RHIIP ListServhas released new clarification concerning VA Aid and Attendance. This refers to how payments are to be treated with respect to annual income, and the regulations for medical expense ...
Q&A – Changing Resident Status
Question: Isn’t there a rule that a person could not manipulate the head, co-head, etc. to get "elderly" status? Is that in the 4350.3 anywhere? Our HUD office is telling a resident to change their ...
Q&A – Determining Social Security Income
Question: Is there such a thing as using information from both EIV and the SS award letter? I have a tenant who started getting benefits in April 2012 that show in EIV, but EIV does not show any inf ...
Q&A – Contract Rent
Question: I have a Section 236 property, which has a Section 8 contract on all units (100% Section 8). If a Section 8 tenant’s subsidy goes to zero because their income goes up, does that tenant pay ...
Q & A: Compliance
I have a Section 236 property. Jack moved into a 1-bedroom unit in November, with a Live-In Aide named Willow. He married her in April, but she didn’t move in all the way - she only lives there half ...
August 3, 2012 in Certs/ 50059s (Including income/assets/expenses), Expense Calculations, Tenant Income
New Income Exclusions: Update your 4350.3
HUD published “Federally Mandated Exclusions from Income” (Docket No. FR–5635–N–01) in the Federal Register on July 24, 2012. Be sure to update Exhibit 5-1 (Income Inclusions and Exclusions) in your ...
The Work Number – Fees are Here to Stay
During recent TRACS Industry Meetings, owner/agents let Policy know that properties are being charged a fee to use The Work Number. Previously free, this service provided wage verification, which was ...
Q & A Certs/50059’s
Question: A tenant inquired if her $12,000 facelift will qualify as medical deduction. She said she had to do it for her mental well-being. It was not prescribed by her medical primary. Her son paid ...
Q & A Certs: Clarification
Question: I have a resident who receives Social Security and has Medicare deducted from her check. She also works and has Medicare taken out of her paycheck. Does she get both deductions as medical ex ...