What is included in “Total Gross Income”?
Total Gross Income includes the applicant’s income PLUS the income of relatives living in the dwelling not to exceed $67,000; however, the first $10,000 of the relatives’ income (other than the spouse’s) will be excluded. Examples of income: salaries, wages, social security benefits, pension/annuity, interest income, dividend income, capital gains, business income, rents received, welfare and gifts, etc.