Description

Course Description:
This Certification course offers lecture and learning activities focused on HUD regulations pertaining to rent calculation, and the formulas for correctly calculating rent for public housing. Learners will understand how to complete the Form HUD-50058; calculate annual income, income exclusions, the earned income disallowance; calculate assets, asset income, adjusted income, and verification; and determine minimum rent and utility allowances.
NOTE: All materials needed for this course are available digitally in the Getting Started With Your Course dropdown, which can be accessed by using the Content tab above. Physical copies of these materials will not be shipped. Should physical copies of these materials be required, you may contact Sales@nanmckay.com to request them. *Fees may apply

Duration:
This is a self-paced training, requiring approximately 21 Hours to complete including learning exercises, study, and exam time.

CEUs:
2.1 Credits

Instructors:
Adam Ensalaco, Trainer with Nan McKay & Associates

Audience:
Occupancy specialists, and re-examination employees and supervisors

Learning Objectives:

• Identify the types of income that must be included in or excluded from annual income using 24 CFR, and Section 7 of the Form HUD-50058
• Calculate and track the earned income disallowance (EID)
• Identify assets and calculate income from assets using Form HUD-50058
• Calculate adjusted income by correctly deducting HUD-defined allowances and expenses from annual income using Form HUD-50058
• Recognize the requirements for verification of income, allowances, and expenses
• Calculate rent using annual and adjusted income

Exam: To obtain certification and earn CEUs, you must complete all the required coursework and earn 70% or higher on the final assessment. You will have three attempts to earn a passing score on the exam. If unsuccessful, you must wait 24 hours before making any additional attempts. 

IMPORTANT: To obtain certification, learners will have a maximum of 6 months to complete all course requirements and achieve a passing score on the final examination.

Technology and Equipment Required: To complete this course, you will need an active email address, a computer, smartphone, or tablet with a stable internet connection to access the course parts and resources.

Pricing and Payment Options:

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Disclaimer

The information presented is for general reference only. HAI Group makes no representation or warranty about the accuracy or applicability of this information for any particular use or circumstance. Your use of this information is at your own discretion and risk. HAI Group and any author or contributor identified herein assume no responsibility for your use of this information. You should consult with your legal, professional or subject matter advisor before implementing any new strategy or policy.

Copyright

This course Copyright 2024 HAI Group.

More Information

• IACET Continuing Education Credit Hours: 2.1