Is the income of a temporarily absent family member included in annual income upon their return?

Prepare for the Multifamily Housing Specialist Certification Test with flashcards and multiple-choice questions. Each question features hints and explanations to bolster your study. Get exam-ready now!

In the context of multifamily housing and determining annual income for income eligibility calculations, when a family member is temporarily absent, their income is typically excluded from the annual income assessment during their absence. This exclusion applies because the individual's absence often means they are not contributing to the household's financial situation at that time.

When the family member returns, their income can be considered in future assessments, but it is not retroactively included for the period they were away. This reflects the fair housing guidelines aimed at ensuring that only current household income is counted, preventing potential disadvantages to families based on temporary situations.

This approach maintains the integrity of income calculations and ensures that families are not held accountable for circumstances beyond their control. The other options suggest scenarios that do not align with these guidelines, such as including income regardless of circumstances or making it contingent upon documentation or resident requests, which do not accurately capture the policy related to temporarily absent family members.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy