D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 14. HOUSING |
Chapter 14-54. VERIFICATION PROCEDURES |
Section 14-5407. ASSETS
Latest version.
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5407.1 DCHA, under its MTW authority, established Initiative 3.7.08 entitled “Rent Simplification and Collection”, which simplified calculation of assets for purposes of determining income. The following provision shall apply to calculating assets as imputed income:
(a) DCHA shall not require documentation of assets during the periodic recertification process; and
(b) DCHA shall not consider imputed income from assets in the calculation of total annual income.
authority
District of Columbia Housing Authority Act of 1999, effective May 9, 2000 (D.C. Law 13-105; D.C. Official Code § 6-203 (2012 Repl.)).
source
Final Rulemaking published at 59 DCR 7916, 7925 (June 29, 2012); as amended by Final Rulemaking published at 63 DCR 13165 (November 18, 2016).