Jeffrey Promnitz - Thank you for attending the NCSHA 50th Anniversary Conference

News & Blog Articles

Keep up-to-date on what's going on in our world

Affordable Housing Compliance Quizzle Answers

Question One
Kristie works as an employee at a ranch for $8.50 an hour. Her employer anticipates that she will work 35 hours a week. They also anticipate giving her a $0.50 raise the 11th week after she will move in. How many weeks will she be at the $8.50 amount?

A. 9
B. 10
C. 11
D. 12

Answer: B. 10

Kristie works as an employee at a ranch for $8.50 an hour. Her employer anticipates that she will work 35 hours a week. They also anticipate giving her a $0.50 raise the 11th week after she will move in.

 

Question Two
Shelly is age 45 and a student. She is receiving Section 8 assistance. Her tuition is $15,000 a year. She has a Pell Grant and other financial assistance totaling $19,000. She lives with her two dependent sons, Kent (age 15) and Josh (age 21). Josh's tuition is $20,000 a year, and his father (who is not living in the household) contributes $24,000 a year to his schooling expenses. What is the amount of student financial assistance that will be counted for Shelly?

A. $0
B. $15,000
C. $19,000
D. $24,000

Answer: A. $0

HUD 4350.3 Page 3-41

 

Question Three
Shawn is in the military and receives a total of $2,200 a month, including an allowance for hazardous duty pay of $200 and a housing allowance of $500. She does not live in a county where the housing allowance is exempt. What is her total annual income from the military?

A. $32,400
B. $28,800
C. $34,800
D. $26,400

Answer: D. $26,400

$2,200 X 12 = $26,400 – The $2,200 is inclusive of the hazardous duty pay and housing allowance (hostile fire is exempt income)

Posted in: Quizzle Answers
Actions: E-mail | Permalink |

Subscribe to
Compliance Quizzles