HCV SPECIALIST COMPREHENSIVE EXAM 2026 QUESTIONS
AND ANSWERS GRADED A+
✔✔EID Old Method - ✔✔The "Old" Method
• Initial 12-Month Full Exclusion
- Begins on the date the qualified family member:
• Is employed; or
• First experiences an increase in income due to
employment.
- For administrative purposes, HUD has stated to
begin EID on the first of the month following the
qualifying change.
- The full amount of increase is excluded, and the
exclusion extends for a total of 12 cumulative
months.
• Second 12-Month Exclusion and Phase-In
- Begins when the qualified family member has
received 12 cumulative months of full exclusion. Fifty
percent of the increase attributable to employment or
increased earnings is excluded. The exclusion
extends for a total of 12 cumulative months.
• Lifetime Maximum Four Year Disallowance
- The initial full exclusion is applied for a maximum of
12 cumulative months. The phase-in (50%)
exclusion is applied for a maximum of 12 cumulative
months.
- The family member may repeatedly start and stop
employment and the exclusion may start and stop
and pick up again during the 48-month period
beginning on the date of the initial exclusion.
- No exclusion may be given after the 48-month
period, regardless of whether the family has received
the full exclusion for a total of 12 months or the
phase-in exclusion for a total of 12 months.
✔✔EID New Method - ✔✔12-Month Full Exclusion
- Begins on the date the qualified family member:
• Is employed; or
• First experiences an increase in income due to
employment.
- For administrative purposes, HUD has stated to
begin EID on the first of the month following the
qualifying change.
- The full amount of increase is excluded, and the
exclusion extends for a total of 12 consecutive
months, regardless of breaks in employment.
, • Second 12-Month Exclusion and Phase-In
- Begins after 12 months have elapsed and lasts for
12 consecutive months.
- The exclusion may be reduced to "at least 50%" of
the increase in income due to employment.
• PHA policy may call for excluding a higher
percentage, up to 100%.
• This means that PHA policy could be to exclude
100% of the income increase for 24 consecutive
months.
• Lifetime Maximum Disallowance
- No exclusion may be given after the 24-month period
has elapsed, regardless of the number of months in
which the family member actually received the
disallowance.
✔✔Economic Self-Sufficiency Program - ✔✔Any program designed to encourage,
assist, train, or facilitate economic independence of assisted families or to provide work
for such families.
✔✔Incremental Increase - ✔✔The increase attributable to earnings after the qualifying
change.
✔✔Assets - ✔✔• Amounts in savings and checking accounts
• The cash value of trusts that are available to a family
• Stocks, bonds, savings certificates, money market
funds, and other investment accounts
• Equity in real property (land owned or bequeathed) or
other capital investments
• Expenses to convert to cash may include such costs as
broker fees, sales commissions, settlement costs, and
transfer taxes
• IRA, Keogh, and similar retirement savings accounts,
even though withdrawal would result in a penalty
• Contributions to company retirement/pension funds if
any member of the family has access to the asset
• Assets that, although owned by more than one person,
allow unrestricted access by the applicant
• One time lump-sum payments:
-Inheritances
-Capital gains
-Lottery Winnings
-Social Security & SSI lump sum payments
• Personal property held as an investment, such as gems,
jewelry, coin collections, antique cars, etc.
• Cash value of life insurance policies.
AND ANSWERS GRADED A+
✔✔EID Old Method - ✔✔The "Old" Method
• Initial 12-Month Full Exclusion
- Begins on the date the qualified family member:
• Is employed; or
• First experiences an increase in income due to
employment.
- For administrative purposes, HUD has stated to
begin EID on the first of the month following the
qualifying change.
- The full amount of increase is excluded, and the
exclusion extends for a total of 12 cumulative
months.
• Second 12-Month Exclusion and Phase-In
- Begins when the qualified family member has
received 12 cumulative months of full exclusion. Fifty
percent of the increase attributable to employment or
increased earnings is excluded. The exclusion
extends for a total of 12 cumulative months.
• Lifetime Maximum Four Year Disallowance
- The initial full exclusion is applied for a maximum of
12 cumulative months. The phase-in (50%)
exclusion is applied for a maximum of 12 cumulative
months.
- The family member may repeatedly start and stop
employment and the exclusion may start and stop
and pick up again during the 48-month period
beginning on the date of the initial exclusion.
- No exclusion may be given after the 48-month
period, regardless of whether the family has received
the full exclusion for a total of 12 months or the
phase-in exclusion for a total of 12 months.
✔✔EID New Method - ✔✔12-Month Full Exclusion
- Begins on the date the qualified family member:
• Is employed; or
• First experiences an increase in income due to
employment.
- For administrative purposes, HUD has stated to
begin EID on the first of the month following the
qualifying change.
- The full amount of increase is excluded, and the
exclusion extends for a total of 12 consecutive
months, regardless of breaks in employment.
, • Second 12-Month Exclusion and Phase-In
- Begins after 12 months have elapsed and lasts for
12 consecutive months.
- The exclusion may be reduced to "at least 50%" of
the increase in income due to employment.
• PHA policy may call for excluding a higher
percentage, up to 100%.
• This means that PHA policy could be to exclude
100% of the income increase for 24 consecutive
months.
• Lifetime Maximum Disallowance
- No exclusion may be given after the 24-month period
has elapsed, regardless of the number of months in
which the family member actually received the
disallowance.
✔✔Economic Self-Sufficiency Program - ✔✔Any program designed to encourage,
assist, train, or facilitate economic independence of assisted families or to provide work
for such families.
✔✔Incremental Increase - ✔✔The increase attributable to earnings after the qualifying
change.
✔✔Assets - ✔✔• Amounts in savings and checking accounts
• The cash value of trusts that are available to a family
• Stocks, bonds, savings certificates, money market
funds, and other investment accounts
• Equity in real property (land owned or bequeathed) or
other capital investments
• Expenses to convert to cash may include such costs as
broker fees, sales commissions, settlement costs, and
transfer taxes
• IRA, Keogh, and similar retirement savings accounts,
even though withdrawal would result in a penalty
• Contributions to company retirement/pension funds if
any member of the family has access to the asset
• Assets that, although owned by more than one person,
allow unrestricted access by the applicant
• One time lump-sum payments:
-Inheritances
-Capital gains
-Lottery Winnings
-Social Security & SSI lump sum payments
• Personal property held as an investment, such as gems,
jewelry, coin collections, antique cars, etc.
• Cash value of life insurance policies.
