LeadingAge HOTMA Resource: Income Exclusion Under HOTMA
LeadingAge has created a resource for housing members to understand new exclusions to income required under HOTMA, the Housing Opportunity Through Modernization Act.
The resource outlines changes to exclusions calculated as part of tenant income that take effect once HOTMA is implemented. The resource outlines:
Exclusions from Income
Income from Assets (does not address asset limitation or program eligibility)
Provisions for Students
Safe Harbor Provisions
LeadingAge will continue to provide trainings and resources to help members to implement HOTMA.
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