What is imputed welfare income?
As defined in 24 CFR 5.615, imputed welfare income is the amount of annual income that is not actually received by a family (as a result of a specified welfare benefit reduction), but is included in the family’s annual income for purposes of determining rent. A specified welfare benefit reduction is defined as a reduction in the welfare benefit due to fraud or non-compliance with a welfare agency requirement to participate in an economic self-sufficiency program. Before imputed welfare income is included in a family’s annual income, a PHA must have proper verification from the TANF agency. 11. Question: According to 24 CFR 5.609 (b)(2), expenditures for business expansion should not be used as deductions in determining net income from a business. What is the definition of expenditures for business expansion? Answer: The regulation, 24 CFR 5.609(b)(2), does not provide a definition of business expansion; therefore, it is up to a PHA to determine what types of activities fall under this