Income Qualification Form
- Family means all persons living in the same household who are related by birth, marriage or adoption.
- Household means all the persons who occupy a housing unit. The occupants may be single family, one person living alone, two or more families living together, or any other group of related or unrelated persons who share living arrangements.
- Income. For the purpose of determining whether a family or household is low- or moderate-income, grantees should use the following methodology to determine income eligibility.
Estimate the annual income of a family or household by projecting during the coming 12-month period, the prevailing rate of income of each person at the time assistance is provided for the individual, family, or household (as applicable). Estimated annual income shall include income from all family or household members as applicable; For types of income counted, gross amounts (before any deductions have been taken) are to be used.
A comprehensive list of income that is included and excluded from calculations of annual income, as found in HUD's Technical Guide for Determining Income and Allowances for the HOME program, and can be found in 24 CFR 5.609. In general, income exclusions fall under the following categories:
- Benefits that should not be counted as income;
- Income of certain household members that should not be counted, including earned income of minors and income attributable to foster children and live-in aides; and
- Amounts that are counted as assets rather than income, such as lump-sum lottery winnings.
- Income Documentation. Federal Tax Return or the most recent 4-week period, wage statements, check stubs, or wage confirmation submitted on the employer's letterhead should be used to project annual income. Other documents to verify household income may include unemployment insurance, social security and interest statements, etc., as appropriate.
2015 Income Guidelines (Department of HUD)
The following income limits are based on HUD published median income guidelines for the Kansas City Metropolitan area
|HOUSEHOLD SIZE||Very low income|
50% of Median Income