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Does excluded income have to be verified?

excluded income verified
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Does excluded income have to be verified?

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PHAs should obtain adequate documentation to reasonably determine the excluded amount of income. HUD requires the PHA to obtain third-party verification of reported family annual income and assets, expenses, and other factors that affect the determination of adjusted income or income-based rent (24 CFR 960.259(c) and 24 CFR 982.516(2)). Depending on the circumstances, any or all of the following may need to be verified: source of excluded income, circumstances that qualify a family member’s income to be excluded, and the amount of the exclusion. Examples: Payments received under Title V of the Older Americans Act of 1985: Only source of income would need to be verified. Wages of a child under 18: The age of the child would need to be verified. Earned Income Disallowance or Qualifying State or Local employment training programs: The source, individual circumstances, and amount of income would all need to be verified.

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