HOUSING OPPORTUNITY THROUGH MODERNIZATION ACT OF 2016
HOTMA
Resident Training
What Does it Mean for Me?
Part 1 • Income and Reviews
This training is for public housing residents and Housing Choice Voucher Program participants and Housing Choice Voucher Program participants (Section 8) how the new HUD rules from HOTMA ay affect their family rent and tenancy. The training is broken into four chapters.
View the Webinar in English
Published on February 14, 2023, HOTMA Final Income Rule updated HUD regulations for various programs specific to the criteria of reviewing the income and assets of HUD assisted families. Some updates include changes to the methods for calculating family income, revising the definition of income and adjusted income, and putting a limit on public housing tenancy. The HOTMA income and asset requirements also set a limit on the amount and type of assets that assisted families may have, revised the definition of net family assets, and required that applicants for and recipients of assistance provide authorization to Public Housing Agencies (PHAs) to obtain financial records.
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1
Background -
2
Income calculations -
3
Interim Reexaminations -
4
Additional Resources
Mira el Webinar en Espanol
What Does it Mean for Me?
Part 2 • Asset and Real Property Limitations
This training is for public housing residents and Housing Choice Voucher Program participants. This training will explain to public housing residents and housing choice Voucher Program participants (Section 8) how the new HUD rules from HOTMA related to asset and real property limitations may affect their tenancy. the training is broken into 5-five chapters.
View the Webinar in English
WHAT DOES IT MEAN FOR ME?
PART 2: ASSET AND REAL PROPERTY LIMITATIONS
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1
Overview -
2
How PHAs can apply the new rules -
3
Asset limitation -
4
Real property limitation -
5
Related resources for residents
Mira el Webinar en Espanol
Resident Resources
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Asset and Real Property Limitations
This resource provides information for residents on the new rules, and exceptions, limiting assets and real property for families participating in the HCV program (Section 8).
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Health, Medical, and Childcare Deductions
This resource provides information for residents on the new rules, and exceptions, limiting assets and real property for families participating in the HCV program (Section 8).
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Income Calculation and Reviews
This resource provides information for residents on the new rules, and exceptions, limiting assets and real property for families participating in the HCV program (Section 8).
Resident Worksheets
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Asset and Real Property Limitations
This resource provides information for residents on the new rules, and exceptions, limiting assets and real property for families participating in the HCV program (Section 8).
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Interim Reviews
This resource provides information for residents on the new rules, and exceptions, limiting assets and real property for families participating in the HCV program (Section 8).
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Student Financial Aid
This resource provides information for residents on the new rules, and exceptions, limiting assets and real property for families participating in the HCV program (Section 8).
