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10 questions
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  • Q1

    What is the highest percentage of income that a low income resident would be expected to pay in a HUD subsidized property?

    30%

    60%

    20%

    40%

    120s
    NH.PK.PT
  • Q2

    True or False?  A property with a 236 program would receive subsidy payments from HUD every month.

    True

    False

    120s
    NH.PK.PT
  • Q3

    True or False?  A property manager is required to verify every financial item before submitting certifications to HUD.

    False

    True

    120s
    NH.PK.PT
  • Q4

    How many methods are there for determining tenant rent?

    3

    4

    1

    6

    120s
    NH.PK.PT
  • Q5

    True or False?  An Ineligible Noncitizen may receive subsidy from HUD.

    False

    True

    120s
    NH.PK.PT
  • Q6

    True or False?  It is possible to have both a Co-Head and a Spouse in the same household.

    False

    True

    120s
    NH.PK.PT
  • Q7

    Would tips received for waiting on tables count as an income, asset or expense?

    Income

    Nobody ever reports tips

    Asset

    Expense

    120s
    NH.PK.PT
  • Q8

    True or False?  TRACS is a data base that performs error checking on submitted tenant files.

    True

    False

    120s
    NH.PK.PT
  • Q9

    True or False?  In the context of HUD regulations, iMAX is a fancy movie theater?

    False

    True

    120s
    NH.PK.PT
  • Q10

    A check that a resident receives from HUD that is intended to help pay for the electric bill is called the ____________ .

    Utility Reimbursement

    Proof of Life

    Welfare Check

    Assistance Payment

    120s
    NH.PK.PT

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