Which of the following best describes a component of income eligibility for the HCV program?

The correct choice accurately reflects the definition of income as it pertains to eligibility for the Housing Choice Voucher (HCV) program. Gross income, which is the total income earned before taxes and any deductions are applied, is the starting point for determining eligibility. This includes all sources of income, allowing for a comprehensive assessment of an applicant’s financial situation.

Determining eligibility based on gross income ensures that all potential income is accounted for, not just what individuals take home after various deductions. This is particularly important in affordable housing programs like the HCV, as they aim to serve those in need based on their overall financial capability, rather than a potentially skewed figure that could misrepresent their economic status after personal deductions.

The other options fail to accurately depict the required income assessment criteria for the HCV program. For instance, net income would not provide a full picture of a person's financial standing, while focusing solely on employment income or investment income excludes other vital sources of revenue that could influence eligibility.