Search Results for keywords:"income verification"

The Department of Housing and Urban Development (HUD) is proposing changes to their Enterprise Income Verification System (EIV) under the Privacy Act of 1974. The update involves replacing the Income Discrepancy Report with an Income Validation Tool to improve accuracy in verifying tenants’ incomes and reduce false discrepancies. This system is used to check income information for families receiving HUD rental assistance, making it easier to identify any unreported income or errors. Public comments on these changes are encouraged until January 27, 2025, and the changes will take effect after the comment period unless significant objections are raised.

The Veterans Benefits Administration (VBA) of the Department of Veterans Affairs is seeking public comments on a proposed information collection under the Paperwork Reduction Act of 1995. The proposed collection involves the Report of Income from Property or Business (VA Form 21P-4185), which is essential for determining eligibility for certain veteran benefits based on income. Public comments are invited to assess the necessity, accuracy, and potential improvements of the information collection process before April 19, 2021. The estimated annual burden for respondents is 3,500 hours, with an average response time of 30 minutes for approximately 7,000 individuals.