What is the main consideration for determining what income is counted?

The main consideration for determining what income is counted is the policies established by the Public Housing Agencies (PHAs). Each PHA has specific guidelines that dictate what sources of income are considered and how they should be calculated in accordance with federal regulations and local policies.

This ensures a standardized approach to assessing eligibility and the level of assistance provided to participants in the Housing Choice Voucher program. The policies may specify which types of income are included (like wages, social security benefits, unemployment, etc.) and any deductions or exclusions that may apply, making them crucial for accurate income determination.

While factors such as household size, the total value of assets, and the duration of benefits received may influence an individual's financial situation or need for assistance, they are not the primary consideration for income calculation itself. Income determination primarily hinges on the established policies that guide PHAs in their operations and compliance with applicable laws.