Veterans Benefits Per Year
Veterans benefits have been placed on a separate line for Hold Harmless purposes.
A further characteristic of Veterans benefits should be noted in that, unlike Social Security payments,
the amount of Veterans benefits can be so insignificant that what might appear on the application as
a monthly benefit amount is in fact the total amount of benefits received for an entire year. For example,
we have had instances where applicants received as little as $48 a year in Veterans benefits. The local
Tax Credit employees are directed to compare the amount of Veterans benefits received in the prior year
by applicants already in the program and to send form letter (HTC-7) for incomplete information to any
applicants reporting the same or a lesser amount in the current year.
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