003.02(A)(ii)(2) STANDARDS FOR DETERMINING COSTS.

The cost of interest or payments on mortgages or contract purchases, current taxes, and insurance may be allowed in the assistance budget as follows: (a) Interest and payments on the mortgage or purchase contract on the home may be included in the budget. (b) Current taxes on the home occupied by the recipient may be allowed on a monthly prorated basis unless the payment of taxes is included in the monthly payment on the mortgage or contract purchase. (c) If taxes have been allowed in an earlier budget but not paid, they may not be included in the budget again. (d) The amount of the homeowner's insurance is included in the budget on a prorated or lump sum basis, unless insurance is a part of the payment on the mortgage or purchase contract. (e) The total cost of home ownership must not exceed the maximum shelter allowance.