[Code of Federal Regulations]

[Title 24, Volume 4]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR964.345]



[Page 464-465]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

CHAPTER IX--OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, 

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 964_TENANT PARTICIPATION AND TENANT OPPORTUNITIES IN PUBLIC HOUSING

--Table of Contents

 

            Subpart D_Family Investment Centers (FIC) Program

 

Sec.  964.345  Treatment of income.



    Program participation shall begin on the first day the resident 

enters training or begins to receive services. Furthermore, the earnings 

of and benefits to any HA resident resulting from participation in the 

FIC program shall not be considered as income in computing the 

resident's total annual income that



[[Page 465]]



is used to determine the resident rental payment during:

    (a) The period that the resident participates in the program; and

    (b) The period that begins with the commencement of employment of 

the resident in the first job acquired by the resident after completion 

of the program that is not funded by assistance under the 1937 Act, and 

ends on the earlier of:

    (1) The date the resident ceases to continue employment without good 

cause; or

    (2) The expiration of the 18-month period beginning on the date of 

commencement of employment in the first job not funded by assistance 

under this program. (See Sec.  913.106, Annual Income.) This provision 

does not apply to residents participating in the Family Self-Sufficiency 

Program who are utilizing the escrow account.