Income Verification Checklist for HUD Funded Projects Page | 1
City of Duluth, Planning & Development Division Updated August 26, 2020
PROGRAM INFORMATION
Program Name:
Organization/Agency Name:
P
reparer Name: Preparer Email:
A
PPLICANT INFORMATION
Applicant Last Name(s):
Address*:
*For homebuyer assistance, use the address of the home to be purchased
Is
the applicant seeking assistance for residential rehab?
No Skip to narrative section below.
Yes Does the building/structure contain more than one housing unit?
No Skip to narrative section below.
Yes Total number of housing units in the building/structure: Does the
applicant (buildng owner) reside in one of the units?
No
Yes
N
arrative explaining household composition for the applicant or each tenant household as applicable,
sources of income, any calculations you made to determine annual income, and any unique
circumstances (ex: recent changes in employment, patterns of seasonal employment, recent changes in
household composition that may not be reflected on tax returns, etc.)
Income Verification Checklist for HUD Funded Projects Page | 2
City of Duluth, Planning & Development Division Updated August 26, 2020
SUBMITTING YOUR INCOME VERIFICATION REQUEST
S
ubmit your income verification request to the City by emailing this document and any backup
documentation to duluthcommdev@duluthmn.gov
T
o complete income verification request, submit ALL of the following for the applicant or for each
tenant household as applicable:
Most recent year’s tax return. If no tax return is available, provide an explanation in the narrative on
the first page of this document.
H
UD Income Calculator Summary Sheet listing all sources of household income (IRS 1040 Method):
https://www.hudexchange.info/incomecalculator/
I
ncome documentation. Provide income documentation for all sources of income listed on the HUD
Income Calculator and for each adult member of the household. If an adult member of the household
does not have income, include that information in the narrative on the first page of this document.
Check applicable boxes below to indicate all sources of household income and the correspondin
g
documentation included in this submission:
Type of Income
Income Documentation
Wages
2 months’ worth of the most recent paystubs for jobs with the same
number of hours and pay rate every paycheck
3 months’ worth of the most recent paystubs for jobs with varied
ho
urs/overtime
Other, explain:
Government or
retirement benefits
SS or VA benefits letter
Retirement fund statement/letter detailing monthly payment amount
Other, expla
in:
Self-employment
2 years’ worth of the most recent tax returns with business profit/loss
information
Other, explain:
Other
Explain: