Jeffrey Promnitz - Thank you for attending the NCSHA 50th Anniversary Conference
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?
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.
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?
Answer: A. $0
HUD 4350.3 Page 3-41
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?
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)
Wheatley Lofts is a 100% LIHTC building going through an acquisition/rehab. ...
What is the maximum late fee amount you can charge at a HUD property?
When an asset is in the name of a minor child only, it is not counted as a...
Kyle is unemployed and receiving $362 per week. The verification from the un...
A tenant at Whispering Hollow apartments asks the property manager for permi...
A family who initially qualified is now over the 140% limit as of their May ...