NC Income and Asset Calculation Worksheet
3.7 NC ESG Income and Asset Certification WorksheetRequired for clients receiving Homelessness Prevention assistance at program entry and every three (3) months, and Rapid Rehousing assistance at annual recertification. MUST obtain from all adult members of the household that are 18 years or older. This form should only be used as a last resort, if third party documentation cannot be obtained.CLIENT NAME: ___________________________ DATE: _____________ HMIS/ DV ID #: _________________This worksheet is to be utilized by Rapid Rehousing and Prevention providers. The only NC ESG acceptable replacement for this form, is use of the HUDExchange CPD Income Calculator. The income calculator can be accessed through this link: . If the Subrecipient uses the CPD Income Calculator, the income calculation must be printed and added to the client file. Additional information and training webinar on how to use the CPD Income Calculator can be found here: For Rapid Rehousing income certification must be completed after financial assistance has been provided for one year. For Prevention, income certification is to be completed at intake as a part of eligibility screening, and as part of the recertification process every three months. For Rapid Rehousing and Prevention, the client’s household income must be at or below 30% of AMI. Under the ESG program, income eligibility is based on the HUD income limits in effect at the time of income verification. Income eligibility is not based on HUD income limits that correspond with the grant year under which the ESG funds were awarded. Income limits can be found here: The information used to populate this worksheet should come directly from the Third Party Documentation of Income and/or the Client’s Self Certification of Income Form. IncomeHousehold MemberSource of IncomeCalculation: Gross Amount x Pay Period/Frequency = Annual IncomeAssetsHousehold Member #Asset TypeCash Value of AssetInterest Rate (%)Actual Annual IncomeDescription/NotesTotal Income$_____________Total Income from Assets$ _____________Total Annual Income (Line 1 plus Line 2)$ _____________30% of AMI for your area$ _____________Household is income ineligible if line 3 is greater than line 4 Verified by: Date ................
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