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New Definition - § 24.2(a)(14) Household Income means total gross income received for a 12-month period from all sources (earned and unearned).
Another new definition is for the term "household income," which is the foundation for establishing base monthly rent used in rent supplement calculations. The key is to ensure appropriate recognitions of elements of income the household may receive. The 12-month period usually is the 12 months immediately preceding the initiation of negotiations.