Memorandum February 5, 2002: Fact Sheets for Project-Based Assistance Programs
Why Determining Income and Rent Correctly is Important
HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs · 2026 edition · updated 2026-10-05 · United States
Department of Housing and Urban Development studies show that many resident families pay incorrect rent. The main causes of this problem are:
A family’s anticipated gross income determines not only eligibility for assistance, but also determines the rent a family will pay and the subsidy required. The anticipated income, subject to exclusions and deductions the family will receive during the next twelve (12) months, is used to determine the family’s rent.
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