Agenda - 09-08-1981 - Laserfiche WebLink

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K 14. ANNUAL INCOME. Income from all sources anticipated to be received for the 12-month period following the date of determination of income by the Family head (even if temporarily absent) and each additional member of the Family household who is not a minor. 15. INCOME FOR ELICIBILITY. The anticipated total annual income of a family computed in accordance with whether or not a Family is a lower-income Family or a Very Low-Income Family (except where a family has Net Family Assets in excess of $5,000, income shall include the actual amount of income, if any, derived from all of the Net Family Assets or 10% of the value of all such assets, whichever is greater) . 16. UNUSUAL EXPENSES. Amounts paid by the Family for the care of Minors under 13 years of age or for the care of disabled or handicapped Family household members, but only where such care is necessary to enable a Family member to be gainfully employed, and the amount allowable as "Unusual Expenses" shall not exceed the amount of income from such employment. 17. GROSS FAMILY CONTRIBUTION. The portion of the gross rent payable by an eligible family. 18. ALLOWANCES. $300 for each Minor; Medical expenses which exceed 3 percent of the Annual Income and Unusual Expenses. 19. FAIR MARKET RENT. The rent, including utilities (except telephone) , ranges, refrigerators, and all maintenance, management, and other services, which, as determined at least annually by HUD, would be re- . quired to be paid in order to obtain privately owned, existing, decent, safe, and sanitary rental housing of modest (non-luxury) nature with suitable amenities. 20. GROSS RENT. The Contract Rent plus any Allowances for Utilities and Other Services 21. CONTRACT RENT. The rent payable to the Owner under his Contract including the portion of the rent payable by the Family. 22. ALLOWANCE FOR UTILITIES. An amount determined by the PHA as an allowance for the cost of utilities (except telephone) and charges for other services payable directly by the Family. Where the Family pays directly for one or more utilities or services, the amount of the Allowance is deducted from the Gross Rent in determining the Contract Rent and is included in the Gross Family Contribution. 23. UTILITIES. Includes water, electricity, gas, other heating, refrig- eration and cooking fuels, trash collection and sewerage services. Telephone service is not included as a utility. (NOTE: Trash collec- tion for Rent purposes only includes both trash and garbage collection).