Assistance is restricted where net family assets exceed the statutory limit or the family owns suitable real property

hcv.assets.limitation · v1.0.0

Assistance may not be provided, either initially or upon reexamination of family income, to a family whose net assets exceed $100,000 as adjusted annually by HUD, or to a family that has a present ownership interest in, a legal right to reside in, and the effective legal authority to sell real property suitable for occupancy as a residence, subject to the enumerated exceptions. A PHA may choose not to enforce the restrictions at recertification, or may establish exceptions, only pursuant to an adopted written policy.

Confidence

high

Effective from

2024-01-01

Last reviewed

2026-08-22