INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

§ 5

Citation
§ 5 (2)
Parent Document
24 C.F.R. § 5.609

Full Text

393 chars
(2) When the value of net family assets exceeds $50,000 (which amount HUD will adjust annually in accordance with the Consumer Price Index for Urban Wage Earners and Clerical Workers) and the actual returns from a given asset cannot be calculated, imputed returns on the asset based on the current passbook savings rate, as determined by HUD . (b) Annual income does not include the following: