Adjusted income is used to determine a household’s rent and the amount of rental subsidy the household will receive.
Programs that include Adjusted Income:
- HOME requires the determination of adjusted income for rent determination purposes when a HOME assisted household goes over the 80% limit at recertification.
- RD uses adjusted income for purposes of determining income eligibility as well as tenant rent.
- HUD uses adjusted income to determine tenant rent.
Programs that do not include Adjusted Income:
- The LIHTC program does not use adjusted income.
- National Housing Trust Fund (NHTF) program does not use adjusted income.