What does "adjusted income" refer to in the HCV program?

"Adjusted income" in the Housing Choice Voucher (HCV) program specifically refers to the income calculated after deducting certain allowances that are considered in determining a family's eligibility for assistance and the amount of assistance they may receive. This concept is important because it provides a clearer picture of the financial resources available to a family by accounting for expenses such as medical costs, childcare, and disability expenses, which can significantly impact a family's ability to pay for housing.

By using adjusted income, the HCV program aims to ensure that families are not penalized for having legitimate expenses that reduce their disposable income. This approach supports the goal of affordability in housing, allowing individuals to maintain a decent standard of living while receiving assistance.

In contrast, total income reflects the unadjusted earnings of the family, whereas other factors like child support or the number of family members can influence income considerations, but they do not define adjusted income directly. Adjusted income is focused on netting out certain expenses to arrive at a more accurate measurement of a family's financial situation.