Special Needs Trust is a trust created by family members for a person with disabilities. Generally, assets within the trust are not accessible to the beneficiary.

HUD assists low- and very low-income families in obtaining decent, safe, and sanitary housing in private accommodations by making up the difference between what they can afford and the approved rent for an adequate housing unit.

The total tenant payment (TTP) represents the minimum amount a family must contribute toward rent and utilities regardless of the unit selected. The TTP is calculated using a statutory formula and individual income information. To calculate TTP, annual adjusted income and annual (gross) income must be converted to monthly adjusted income and monthly gross income by dividing the annual figures by 12 months. The TTP is the greater of:

• 30 percent of monthly adjusted income;
• 10 percent of monthly gross income;
• The welfare rent (in as-paid states only); or
• The PHA minimum rent

Established in 1965, HUD’s mission is to increase homeownership, support community development, and increase access to affordable housing free from discrimination. To fulfill this mission, HUD will embrace high standards of ethics, management and accountability and forge new partnerships — particularly with faith-based and community organizations — that leverage resources and improve HUD’s ability to be effective on the community level.

Unearned Income is income received that is not in the form of wages, tips, or other compensation for work
performed.
4. Income from Assets
5. Social Security, Pensions, etc.
6. Welfare Assistance
7. Periodic Allowances (Cash & Non-Cash Contributions, Child Support, etc.)
8. Unemployment Compensation
9. Student Financial Assistance

is an agency with the United States Department of Agriculture which runs programs intended to improve the economy and quality of life in rural America

Households whose incomes do not exceed 50 percent of the median area income for the area, as determined by HUD, with adjustments for smaller and larger families and for areas with unusually high or low incomes or where needed because of facility, college, or other training facility; prevailing levels of construction costs; or fair market rents.

A formal record of applicants for housing assistance and/or assisted housing units that identifies the applicant’s name, date and time of application, selection preferences claimed, income category, and the need for an accessible unit.