This chart contains some impacts on public benefits of a client receiving a settlement or cash award. Beware that not every benefits rule is considered in this chart. Also, the rules for the programs can change at any time.
Additional considerations for Section 8 tenant who gets lump sum cash for keys post-foreclosure can exclude that payment from Section 8 annual income: 24 CFR 5.06(c)(3) Lump-sum additions to family assets, such as inheritances, insurance payments (including payments under health and accident insurance and worker's compensation), capital gains and settlement for personal or property losses (except as provided in paragraph (b)(5) of this section); or (9) Temporary, nonrecurring or sporadic income (including gifts).
|FINAL 5_14 Benefits memo.pdf||150.03 KB|