NAELA Submits Comments on HUD's Proposed Rule to Implement HOTMA

On September 17, 2019, HUD published a proposed rule to revise HUD regulations related to Sections 102, 103, and 104 of the Housing Opportunities Through Modernization Act (HOTMA). HUD sought specific comments on whether it should treat distributions from trusts, lump-sum settlements, and non-recurring gifts as "income" when calculating and reviewing a tenant's income. It also sought comment on changes to its medical deduction and hardship exemptions.

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