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Employability Investments - Section 8

WorkWORLD calls income or resources that you spend or save for training, education, equipment or anything that you think will help you become more employable "Employability Investments." Such income or resources are investments in your future employability.

The Social Security Administration (SSA) allows you to include such employability investments, along with some work expenses, in a Plan for Achieving Self-Support (PASS), if SSA agrees that you have a "feasible" occupational goal and a "viable" plan to achieve that goal.

NOTE: WorkWORLD asks you to enter the amounts for Employability Investments and for PASS separately. SSA may not approve any or all of your employability investments in a PASS, and a PASS can include work expenses as well as employability investments.

Income or resources included in a PASS are said to be "set aside" and must be accounted for separately from the rest of your income and resources. That is, you must keep such savings in a separate bank account and keep receipts for such spending.

The Department of Housing and Urban Development (HUD) has agreed to exclude income and resources that you include in an approved PASS when calculating your gross non-excluded income. This means that income included in a PASS does not count when determining your financial eligibility for Section 8 assistance and the amounts that you must pay in Section 8 rent and utilities.

Entering Employability Investment Amounts in WorkWORLD

WorkWORLD asks for the amount of income to be set aside in the next 12 months. If the amount of income per month is expected to change, however, your Public Housing Agency (PHA) probably would annualize the current monthly amount by multiplying it my 12. It would then re-determine the annual amount when and if the amount you set aside changes. If you do not know how your PHA handles this kind of situation, assume that your PHA annualizes your monthly set-aside by multiplying it by 12. Check with your PHA as soon as possible. If you then find that your PHA handles it differently, go back and change your answers to the Section 8 Employability Investment question.

See Also:

Income Exclusions

Financial Eligibility for Section 8

Tenant Rent

Family Rent to Owner

Back to:

Section 8 Housing Overview

Federal Rent Assistance

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