Case Study 1 :Alexander Family
| Relation | Name | Age | Disabled | Citizenship Status |
| Head | Aaron Alexander | 33 | N | Eligible Citizen |
| Daughter | Alice Alexander | 12 | N | Eligible Citizen |
| Son | Allan Alexander | 10 | N | Eligible Citizen |
Aaron works 40 hours per week and earns $8.00 per hour. He pays $35 per week to take care of his two children (Alice and Allan) while he is at work.
The PHA determined passbook rate is .0075
Unit Information:
- Uni size: three bedroom
- Family unit size (voucher size):three bedroom
- Rent to owner: $575
- Three-bedroom payment standard: $640
- The utility allowance is $55
PHA policy:
The PHA’s minimum rent is $35
In determining the cash value of assets, PHA policy calls for using:
- The current balance of savings accounts
- The average six month balance for checking accounts
Using the HUD-50058 forms following, please compute the following for the Alexander family: