Learn how to calculate income from wages to military pay to unemployment and everything in between. In this webinar, Gary Kirkman, Director of Compliance Training, will help you take your income calculation skills to the next level.
The rules for determining household income found in 24 CFR Part 5 are the basis of all major funding programs. But when it comes to income in affordable housing, the differences are the distinction. There are subtleties between each source of income that can make all the difference,especially with the changes HOTMA has made to calculating annual income.
For those looking to advance their career in affordable multifamily housing, mastering income verification and certification are essential skills. Managers looking to ace their MORs or compliance reviews should count this knowledge as a key component to success. Likewise, regional managers looking to provide leadership to their staff must develop a masterful understanding of these important rules.