SECTION 330:50-11-2. Income and allowances  


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  • (a)   The types of money which are to be used as income for purposes of calculating the TTP are defined by HUD in federal regulations. In accordance with this definition, income from all sources of each member of the household is counted.
    (b)   Annual Income is defined as the gross amount of income anticipated to be received by the family during the 12 months after certification or recertification. Gross income is the amount of income prior to any HUD allowable expenses or deductions, and does not include income which has been excluded by HUD. Annual income is used to determine whether or not applicants are within the applicable income limits.
    (c)   Adjusted Income is defined as the Annual income minus any HUD allowable deductions.
    (d)   HUD has five allowable deductions from Annual Income:
    (1)   Dependent allowance: $480 each for family members (other than the head or spouse), who are minors, and for family members who are 18 and older who are full-time students or who are disabled.
    (2)   "Elderly" allowance: $400 for families whose head or spouse is 62 or over or disabled.
    (3)   Allowable medical expenses for all family members are deducted for "elderly" families.
    (4)   Child care expenses for children under 13 are deducted when child care is necessary to allow an adult member to work, attend school, or actively seek employment.
    (5)   Expenses for attendant care or auxiliary apparatus for persons with disabilities if needed to enable the individual or an adult family member to work.
    (e)   "Minimum rent" in the Certificate and Moderate Rehabilitation program is not less than 25 dollars. Minimum rent includes the combined amount (TTP) a family pays towards rent and/or utilities.
    (f)   Minimum family contribution in the Voucher program is not less than 25 dollars.
[Source: Added at 16 Ok Reg 2905, eff 7-12-99]