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Nan McKay Housing Choice Voucher (HCV) Specialist Exam (2025) | Complete Study Guide with Verified Questions & Answers

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This document provides a comprehensive review for the Nan McKay Housing Choice Voucher (HCV) Specialist Exam, updated for 2025. It includes verified exam questions and accurate answers aligned with HUD regulations and HCV program requirements. Topics include eligibility determination, rent calculation, inspections (HQS), reexaminations, terminations, and fair housing compliance. Ideal for housing professionals preparing for certification through Nan McKay & Associates

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Nan McKay Housing Choice Voucher Specialist
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Institution
Nan McKay Housing Choice Voucher Specialist
Course
Nan McKay Housing Choice Voucher Specialist

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Uploaded on
June 11, 2025
Number of pages
104
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Content preview

Nan McKay Housing Choice Voucher (HCV)
Specialist Exam (2025) | Complete Study Guide
with Verified Questions & Answers




1 of 150

Definition



A family with some members who are eligible and some members who
are ineligible.



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Traditional Family Mixed Family

, Elderly Family Single-parent Family


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2 of 150

Definition



Enrolled in an institution of higher education
Under 24
Doesn't live with his/her parents
Not married
Not a veteran
No children



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Student Rule Owner Violation




SSN Verification Signed Declaration 214


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3 of 150

Term

,Lump sum payments counted as income when:


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they are the result of delays
they are received as gifts from
family in processing periodic
payments
(unemployment/welfare etc)




they are payments for
services rendered they are bonuses from employers



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4 of 150

Definition



Established by the PHA in the administrative plan to determine "family
unit size" (voucher size) for families of different sizes and compositions.
Provide the smallest number of bedrooms needed without
overcrowding
Comply with HQS
Be applied consistently



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Tenancy Approval Inspections

, Rent Reasonableness Subsidy Standards


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5 of 150

Term



Anticipated incomes from asset



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total expenses divided by liabilities current liabilities minus current assets




market value x interest rate annual revenue minus annual costs


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6 of 150

Definition



self-sufficiency incentives for persons with disabilities (disallowance of
increase in annual income)



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