Calculating Income and Income from Assets at HUD Multifamily Properties

Determining annual income is not always as simple as reviewing a paycheck or bank statement. This webinar explores the complete process of documenting, verifying, and calculating income and assets for HUD Multifamily households, including HOTMA updates and challenging real-world scenarios. Participants will learn how to apply HUD's verification hierarchy, identify countable and excluded income, evaluate assets correctly, and address newer issues such as gig work, payment apps, retirement accounts, debit cards, and student financial assistance. The session combines regulatory requirements with practical examples to help staff make accurate and defensible compliance decisions.

Income calculations are one of the most scrutinized areas of HUD compliance—and one of the easiest places to make costly mistakes. Join us for a practical review of HUD Multifamily income and asset requirements, including HOTMA updates, verification standards, student financial assistance, gig economy income, retirement accounts, cash apps, and more. Learn how to navigate complex scenarios, avoid common compliance pitfalls, and build defensible tenant files with confidence.

• Applying HUD's verification hierarchy and documenting when third-party verification is unavailable
• Understanding HOTMA changes affecting household composition, income exclusions, student financial assistance, and assets
• Determining whose income must be counted, including live-in aides, foster adults, temporarily absent family members, and students
• Calculating earned and unearned income, including self-employment, gig economy earnings, Social Security, unemployment, and recurring contributions
• Identifying, verifying, and calculating assets, including retirement accounts, annuities, joint assets, debit cards, cash apps, and assets disposed of for less than fair market value
• Evaluating actual versus imputed income from assets and applying current HUD asset calculation requirements accurately

Accurately calculating income and assets remains one of the most critical compliance responsibilities in HUD Multifamily Housing. With HOTMA implementation, evolving verification requirements, new income exclusions, and emerging financial tools such as payment apps, debit cards, and gig economy employment, compliance staff must understand not only what HUD requires, but also how to apply those requirements in real-world situations. This session provides practical guidance for navigating complex income and asset determinations while maintaining defensible tenant files and reducing compliance risk.

Even small income and asset calculation errors can result in incorrect rent determinations, repayment agreements, MOR findings, and compliance concerns. This webinar will help attendees strengthen their understanding of HUD requirements, navigate HOTMA changes, and confidently address situations that are not clearly spelled out in the Handbook. Participants will leave with practical tools and strategies they can immediately apply to certifications, recertifications, interim certifications, and file reviews.

• Anyone working at or overseeing HUD Multifamily funded properties
• Property Managers and Assistant Property Managers
• Compliance Specialists and Occupancy Specialists
• Regional Managers and Regional Compliance Managers
• Asset Managers
• Owners and Owner Representatives
• Leasing Staff working at HUD-assisted properties
• New hires in affordable housing roles
• Anyone responsible for tenant files, certifications, or subsidy compliance.