Income Calculations in Times of Uncertainty: Move-ins, Annual Recertifications and Interim Certifications Webinar
Wednesday, October 28, 2020, 10:00 AM - 12:00 PM PDT
Category: Trainings
Income Calculations in Times of Uncertainty: Move-ins, Annual Recertifications and Interim Certifications WebinarWednesday, October 28th, 10:00 am to 12:00 pm (PDT) Many people have experienced dramatic changes in their income as a result of the COVID-19 Pandemic. Some people’s income has increased due to the nature of their employment or have temporarily increased as a result. Others have experienced a decrease in income due to a reduction in hours or termination of employment. So how do we calculate their income when conducting a certification? Does it matter if it’s a move-in, annual or interim certification? Does it matter if this is for HUD or Tax Credit purposes? We will discuss these questions, as well as address calculating unemployment benefits, regular family contributions, and guidance on how to treat money people may receive due to Federal and State COVID-19 related initiatives to stabilize the economy and/or keep people from losing their housing. Read more... |