Test Bank 150+ Questions with Answers &
Detailed Rationales Aligned with HUD
Regulations, HOTMA 2026, and NMA
Certification Standards Latest 2026–2027
Update | Graded A+
EXAM OVERVIEW
Feature Details
Certification Nan McKay & Associates (NMA) HCV Specialist Certification
Exam Format Multiple-choice questions covering procedural and regulatory application
Program Eligibility & Income Limits, Voucher Issuance & Waiting List
Core Content Procedures, Rent Calculation & Payment Standards, Tenancy & Lease
Areas Agreements, Portability Rules, Compliance & Terminations, HUD Forms and
Administrative Plans
Passing Exam must be completed within a set time after attending the seminar
Credits CPE units = 38, CEU units w/ exam = 3.2
Key Updates HOTMA Sections 102 & 104 implemented
,SECTION 1: PROGRAM FUNDAMENTALS & DEFINITIONS
Questions 1–20
Question 1
The written contract between HUD and the PHA under which HUD agrees to
provide funding for the program, and the PHA agrees to comply with HUD
requirements, is called the:
A) HAP Contract (HUD-52641)
B) Administrative Plan
C) Annual Contributions Contract (ACC)
D) Tenancy Addendum
Correct Answer: C
Rationale: The Annual Contributions Contract (ACC) is the fundamental agreement
between HUD and a Public Housing Agency (PHA). Under the ACC, HUD provides
funding for the HCV program, and the PHA agrees to comply with all HUD
requirements and regulations.
Question 2
A HUD-required written plan that establishes local PHA policies for administering
the HCV program is called the:
A) Annual Contributions Contract
B) Administrative Plan
C) HAP Contract
D) Tenancy Addendum
,Correct Answer: B
Rationale: The Administrative Plan is a HUD-required document that establishes
local PHA policies for administering the HCV program. It must be adopted and
approved by the PHA Board and submitted to HUD.
Question 3
HUD's primary role in the HCV program is to:
A) Directly manage all vouchers for families
B) Provide funding, set national policy, and oversee compliance
C) Conduct background checks on all owners
D) Set rent levels for every unit nationwide
Correct Answer: B
Rationale: HUD funds the program, issues regulations, and monitors PHA
compliance, but PHAs administer vouchers locally.
Question 4
Which federal regulation codifies the core requirements for the Housing Choice
Voucher (HCV) program?
A) 24 CFR Part 5
B) 24 CFR Part 982
C) 24 CFR Part 1000
D) 24 CFR Part 872
, Correct Answer: B
Rationale: Part 982 of Title 24 of the Code of Federal Regulations contains the
statutory and regulatory framework that governs the HCV program, including
eligibility, income calculations, and subsidy administration.
Question 5
Which entity establishes the statutory authority for the Housing Choice Voucher
(HCV) program?
A) Department of Education
B) United States Congress
C) Federal Reserve
D) Environmental Protection Agency
Correct Answer: B
Rationale: The HCV program is authorized by Congress through the United States
Housing Act of 1937 and subsequent amendments.
Question 6
Which government body passes authorizing housing legislation and appropriation
bills?
A) The President
B) HUD
C) Congress
D) The Office of Management and Budget (OMB)