SECTION 375.613. Calculation of Household Income

For each applicant, the household income is:

(1) the sum of the individual income for each individual in the applicant's household composition as defined in §375.609 of this subchapter (relating to Calculation of Individual Income) and §375.611 of this subchapter (relating to Determination Regarding Inclusion of Individual Income in the Household Income);

(2) less cash assistance payments received from the applicant's VOLAG and income of the VOLAG or sponsor as available to the applicant's household composition; and

(3) less a standard income disregard equal to five percentage points of the Federal Poverty Level for the applicable household size.

Source Note: The provisions of this §375.613 adopted to be effective January 1, 2014, 38 TexReg 9480; amended to be effective June 1, 2014, 39 TexReg 3985