HOUSING CHOICE VOUCHER SPECIALIST EXAM QUESTIONS AND ANSWERS (GRADED A)
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Course
HOUSING CHOICE VOUCHER SPECIALIST
Institution
HOUSING CHOICE VOUCHER SPECIALIST
HOUSING CHOICE VOUCHER SPECIALIST EXAM QUESTIONS AND ANSWERS (GRADED A)HOUSING CHOICE VOUCHER SPECIALIST EXAM QUESTIONS AND ANSWERS (GRADED A)HOUSING CHOICE VOUCHER SPECIALIST EXAM QUESTIONS AND ANSWERS (GRADED A)Family Rent to Owner - ANSWER-the portion of rent to owner paid by the family
Famil...
HOUSING CHOICE VOUCHER
SPECIALIST EXAM QUESTIONS AND
ANSWERS (GRADED A)
Family Rent to Owner - ANSWER-the portion of rent to owner paid by the family
Family Share - ANSWER-portion of rent and utilities paid by the family
Family Unit Size - ANSWER-the appropriate number of bedrooms for a family as
(determined by the PHA under the PHA subsidy standards)
Gross Rent - ANSWER-the entire housing cost and is calculated by adding the rent to
the owner and the utility allowance for the unit. Note: If all the utilities are included in the
rent, the rent to the owner and the gross rent will be the same
Monthly Adjusted Income - ANSWER-one twelfth of adjusted income.
Monthly Income - ANSWER-one twelfth of annual income
Noncitizen - ANSWER-a person who is neither a citizen nor national of the United
States
Housing Assistance Payment (HAP) - ANSWER-the monthly assistance payment by a
PHA and is calculated as the lower of: 1) the payment standard for the family minus the
total tenant payment (TTP); or 2) the gross rent minus the TTP
Maximum Initial Rent Burden; also known as the Maximum Family Share or "The 40
Percent Rule" - ANSWER-the maximum rent burden at initial occupancy (when the
family initially moves into the unit or signs the first assisted lease for a unit). The family
may pay the total tenant payment plus the amount by which the gross rent for the unit
selected exceeds the applicable payment standard so long as the resulting family share
does not exceed 40 percent of the family's monthly adjusted income.
Maximum Subsidy - ANSWER-the maximum amount of subsidy that the PHA can pay
for a participant in the HCV program and is calculated as the payment standard minus
the total tenant payment (TTP)
Prorated Assistance - ANSWER-for families that include both members who are citizens
or have eligible immigration status and members who do not have eligible immigration
status (or elect not to state that they have eligibility), the amount of assistance is
prorated based on the percentage of household members who are citizens or have
established eligible immigration status
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