What type of income from minors is counted as part of family income?

The correct answer is centered on asset income of minors, which includes any interest earned on savings accounts, stocks, bonds, and other forms of investments held by minors. This type of income is counted as part of the family's overall income for the purpose of determining eligibility and assistance levels in housing programs, including the Housing Choice Voucher program.

Employment income from minors is generally not counted unless the minor is considered a head of household or has substantial income, as the focus often lies on the income of adults in regulatory frameworks. Benefits paid to minors, such as social security or disability payments, may also have specific exclusions or different treatments within the guidelines. Therefore, the counting of asset income ensures a comprehensive assessment of total resources available to the household, reflecting accurately on their financial situation.