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Reviews of family income.—

(A) Frequency .— Reviews of family income for purposes of this section shall be made— (i) in the case of all families, upon the initial provision of housing assistance for the family; (ii) annually thereafter, except as provided in paragraph (1) with respect to fixed-income families; (iii) upon the request of the family, at any time the income or deductions (under subsection (b)(5)) of the family change by an amount that is estimated to result in a decrease of 10 percent (or such lower amount as the Secretary may, by notice, establish, or permit the public housing agency or owner to establish) or more in annual adjusted income; and (iv) at any time the income or deductions (under subsection (b)(5)) of the family change by an amount that is estimated to result in an increase of 10 percent or more in annual adjusted income, or such other amount as the Secretary may by notice establish, except that any increase in the earned income of a family shall not be considered for purposes of this clause (except that earned income may be considered if the increase corresponds to previous decreases under clause (iii)), except that a public housing agency or owner may elect not to conduct such review in the last three months of a certification period.

(B) In general .— Reviews of family income for purposes of this section shall be subject to the provisions of section 3544 of this title .

in view

Whole section

▸rulespec code

Shown source

statutes/42/1437a.yaml

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Rules

statutory_net_family_assets_imputed_return_exclusion_threshold

Parameter

source: 42 U.S.C. 1437a, excluded amounts, clause (i)

- name: statutory_net_family_assets_imputed_return_exclusion_threshold
  kind: parameter
  dtype: Money
  unit: USD
  source: 42 U.S.C. 1437a, excluded amounts, clause (i)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/42/1437a/b/4/b
            excerpt: net family assets exceed $50,000
  versions:
    - effective_from: '2024-01-01'
      formula: '50000'

net_family_assets_exceed_statutory_imputed_return_exclusion_threshold

Derived

source: 42 U.S.C. 1437a, excluded amounts, clause (i)

- name: net_family_assets_exceed_statutory_imputed_return_exclusion_threshold
  kind: derived
  entity: Household
  dtype: Judgment
  period: Year
  source: 42 U.S.C. 1437a, excluded amounts, clause (i)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1437a/b/4/b
            excerpt: except to the extent that net family assets exceed $50,000
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/42/1437a#statutory_net_family_assets_imputed_return_exclusion_threshold
            output: statutory_net_family_assets_imputed_return_exclusion_threshold
            hash: sha256:local
  versions:
    - effective_from: '2024-01-01'
      formula: net_family_assets > statutory_net_family_assets_imputed_return_exclusion_threshold

imputed_return_on_assets_excluded_from_income

Derived

source: 42 U.S.C. 1437a, excluded amounts, clause (i)

- name: imputed_return_on_assets_excluded_from_income
  kind: derived
  entity: Household
  dtype: Money
  period: Year
  unit: USD
  source: 42 U.S.C. 1437a, excluded amounts, clause (i)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1437a/b/4/b
            excerpt: >-
              any imputed return on assets, except to the extent that net family assets exceed
              $50,000
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/42/1437a#statutory_net_family_assets_imputed_return_exclusion_threshold
            output: statutory_net_family_assets_imputed_return_exclusion_threshold
            hash: sha256:local
  versions:
    - effective_from: '2024-01-01'
      formula: >-
        if net_family_assets > statutory_net_family_assets_imputed_return_exclusion_threshold:
        max(0, imputed_return_on_assets *
        statutory_net_family_assets_imputed_return_exclusion_threshold / net_family_assets) else:
        max(0, imputed_return_on_assets)

▸citations (1)

References

This rule cites 1 other rule.

42 USC § 3544inferredUS Federal › Statutes › Title 42 › § 3544

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us/statute/42/1437a/a/6 — Reviews of family income.— · Axiom

Reviews of family income.—

Official source

(B) In general .— Reviews of family income for purposes of this section shall be subject to the provisions of section 3544 of this title .

in view

Whole section

▸rulespec code

Shown source

statutes/42/1437a.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/42/1437a; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

statutory_net_family_assets_imputed_return_exclusion_threshold

Parameter

source: 42 U.S.C. 1437a, excluded amounts, clause (i)

- name: statutory_net_family_assets_imputed_return_exclusion_threshold
  kind: parameter
  dtype: Money
  unit: USD
  source: 42 U.S.C. 1437a, excluded amounts, clause (i)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/42/1437a/b/4/b
            excerpt: net family assets exceed $50,000
  versions:
    - effective_from: '2024-01-01'
      formula: '50000'

net_family_assets_exceed_statutory_imputed_return_exclusion_threshold

Derived

source: 42 U.S.C. 1437a, excluded amounts, clause (i)

- name: net_family_assets_exceed_statutory_imputed_return_exclusion_threshold
  kind: derived
  entity: Household
  dtype: Judgment
  period: Year
  source: 42 U.S.C. 1437a, excluded amounts, clause (i)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1437a/b/4/b
            excerpt: except to the extent that net family assets exceed $50,000
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/42/1437a#statutory_net_family_assets_imputed_return_exclusion_threshold
            output: statutory_net_family_assets_imputed_return_exclusion_threshold
            hash: sha256:local
  versions:
    - effective_from: '2024-01-01'
      formula: net_family_assets > statutory_net_family_assets_imputed_return_exclusion_threshold

imputed_return_on_assets_excluded_from_income

Derived

source: 42 U.S.C. 1437a, excluded amounts, clause (i)

- name: imputed_return_on_assets_excluded_from_income
  kind: derived
  entity: Household
  dtype: Money
  period: Year
  unit: USD
  source: 42 U.S.C. 1437a, excluded amounts, clause (i)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us/statute/42/1437a/b/4/b
            excerpt: >-
              any imputed return on assets, except to the extent that net family assets exceed
              $50,000
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/42/1437a#statutory_net_family_assets_imputed_return_exclusion_threshold
            output: statutory_net_family_assets_imputed_return_exclusion_threshold
            hash: sha256:local
  versions:
    - effective_from: '2024-01-01'
      formula: >-
        if net_family_assets > statutory_net_family_assets_imputed_return_exclusion_threshold:
        max(0, imputed_return_on_assets *
        statutory_net_family_assets_imputed_return_exclusion_threshold / net_family_assets) else:
        max(0, imputed_return_on_assets)

▸citations (1)

References

This rule cites 1 other rule.

42 USC § 3544inferredUS Federal › Statutes › Title 42 › § 3544