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Calculating Income Eligibility Contents
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Welcome
to HUD’s Income & Allowances Calculator, an interactive tool that
makes determining the income eligibility and assistance amounts for
applicants to HUD programs as easy as 1-2-3. Simply enter the requested
data and this calculator will work behind the scenes to generate a
summary of results for each applicant. You can then print out the
summary and include it as part of the applicant’s file!
PLEASE ALLOW AT LEAST 15 MINUTES TO COMPLETE USING THE CALCULATOR
FOR EACH APPLICANT. In order to ensure the privacy of applicants,
the calculator does not remember any information once you leave this
tool. If you do have to exit before completing the calculations for
an applicant, please note or print out the information you have entered
up to that point because it will not be saved.
Before getting started, it is best to know which definition
of income you will use to determine the applicant’s income eligibility.
If you do not know what the definitions are, or which you should use,
click here to learn more about the definitions of income and their
application. In addition, you should have the following items available:
- A printer (or, a writing instrument and a piece of blank paper);
- Any previous income determinations completed for the applicant;
and
- Documentation
of income for all members of the applicant’s
family.
Also,
it is important to note that the HOME Income Calculator does not
provide for the income disallowances for disabled families as described
at 24 CFR §5.617. The term "disabled family" is defined at 24 CFR
§ 5.403 as a family "whose head, spouse, or sole member is a person
with disabilities. It may include two or more persons with disabilities
living together, or one or more persons with disabilities living
with one or more live-in aides."
If you are ready to begin, go on to the Income
& Allowances Calculator.
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