SAMPLE TENANT CONSENT TO DISCLOSE EIV INCOME INFORMATION
3. Identifying the Actual Income Reported during the Period of Income
HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs · 2026 edition · updated 2026-10-05 · United States
Actual income information is used to evaluate the accuracy of an income projection. It is compared to the projected income value stored on the form HUD50059 in TRACS associated with the household. These values are:
| Income Code | Type of Income |
|---|---|
| B | Business |
| F | Federal Wage |
| M | Military Pay |
| W | Nonfederal Wage |
| U | Unemployment |
| SS | SocialSecurity |
| SI | SupplementalSecurityIncome |
Note: Other income the household receives, e.g., welfare benefits, most pensions, child support, etc., may be reported in annual income in TRACS but it is not used for the discrepancy analysis in EIV.
HUD Occupancy Handbook Exhibit 9-7
8/13
2
Exhibit 9-7
4350.3 REV-1
EIV income information is not considered to be conclusive proof if a tenant challenges that it is not current or complete. One factor is time lag in the collection of SSA and NDNH data. In such cases, the employment information, including the “new hires” information will help the O/A research the tenant’s income.
Get a plain-English answer with a citation back to this text.
Ask AI about this code