Submitted by FoodSNAP
10/18/2012 - 12:39pm
We've received a number of inquiries on how to calculate rental income received by SNAP households who have tenants in their, including many elders who are "empty nesters" who have rented out a portion of their homes, as well as working families who have multi-family residences or "in-law" apartments rented out. Many low income home owners have high shelter costs due to large initial mortgages, refinancing and/or home improvement loans. The combination of mortgages, real estate taxes, insurance as well as water/sewer and other costs make it hard to make ends meet.