When counting income, which of the following is often disregarded in assessments?

In the context of assessing income for multifamily housing considerations, certain types of income are frequently disregarded to ensure that the evaluation focuses on actual and sustainable income sources. This helps in determining eligibility and affordability for housing programs.

Gifts under a certain amount are typically not considered income because they are not sources of recurring or reliable financial support; rather, they are one-time contributions that do not contribute to an individual’s or household’s ongoing financial stability.

Life insurance proceeds are generally also disregarded in income assessments since they are lump-sum payments made upon the policyholder's death. These funds are not income derived from labor or ongoing economic activity and thus do not reflect the financial resources available for regular expenses.

Educational grants are often excluded from income calculations as they are provided for specific purposes like tuition and school-related expenses, which do not contribute to a household's general disposable income.

As a result, all these income types—gifts under a specified amount, life insurance proceeds, and educational grants—are typically not counted in financial assessments for housing qualifications. This practice ensures that only stable and ongoing income sources are evaluated, allowing for a more equitable determination of housing affordability.