RHS issued a SFH Guaranteed Origination Notice (Notice) announcing increases to adjustable annual income deductions. The Single Family Housing Guaranteed Loan Program Handbook 1-3555 allows applicants age 62 or older to receive 1 elderly family household deduction of $400 when calculating adjusted annual income. Per the Notice, this annual deduction has increased to $550 per household. Also, the Single Family Housing Guaranteed Loan Program Handbook 1-3555 provides a $480 deduction for each eligible dependent in the household. Per the Notice, this annual deduction has increased to $500 per dependent. The increases went into effect on August 4, 2026.
Click to view the RHS Procedure Notice 659: https://www.tenaco.com/wp-content/uploads/2026/07/RHS-Procedure-Notice-659-07-29-26.pdf
