Which of the following is included in annual income?

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The inclusion of unearned income from both a minor and a foster child in the calculation of annual income is based on certain guidelines established for determining financial eligibility for housing assistance programs.

Unearned income refers to money received from sources other than employment, such as social security benefits, child support, or investment income. For minors, their unearned income can significantly impact the total annual income calculation, especially in programs that aim to provide subsidized housing. This income must be reported as it could affect the family's eligibility for assistance.

Similarly, the unearned income of a foster child is also included because it contributes to the overall financial picture of the household, even though the child may not reside with the family permanently. Including this income is important for evaluating the household's total resources and making sure that assistance is accurately distributed based on need.

Therefore, both types of unearned income — from a minor and a foster child — play a critical role in determining annual income, ensuring that all the resources available to the household are accounted for in the eligibility determination process for housing assistance.

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