Nan McKay HCV Specialist Certification Exam Preparation – Comprehensive Practice Questions with Verified Answers – Latest Update 2026–2027

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NAN MCKAY HCV SPECIALIST Actual Exam Questions and
Answers Already Graded A+ Latest Versions 2026




Allocates funds, develops regulations and procedures, contracts with PHAs to
carry them out, and monitors PHA performance & compliance. - CORRECT
ANSWER HUD


QUESTION : The contract between a tenant and a landlord


Includes:
a. The names of the owner and tenant
b. The address of the unit rented
c. The term of the lease (initial and renewal terms)
d. A specification of what utilities and appliances are
to be supplied by the owner
e. A specification of what utilities and appliances are
to be supplied by the tenant


Renews according to its terms


Governs the frequency of rent increases


Individuals must have legal capacity in their state in order to sign it



UPDATED exam 2026

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Must have an initial term of at least a year unless the prevailing market practice
differs and the PHA approves a shorter term.


Lists utility responsibilities


An unexecuted copy is turned in with the RFTA when the family finds a unit. -
CORRECT ANSWER Lease


QUESTION : Which of the following has a shelf life (usually one year unless
extended)? - CORRECT ANSWER HUD Notices


QUESTION : HUD-required written plan that establishes local PHA policies for
administering the HCV program, provides daily guidance to PHA staff, must be
adopted and approved by the board, and must be submitted to HUD.


· Waiting list selection and procedures
· Rules for specific funding
· Definition of family
· Definition of continuously assisted family
· Standards for termination and denial of assistance
· Outreach to landlords in non-low income and non-minority concentrated areas
· Subsidy standards
· Definition of absence from unit
· Residency requirements
· Move restrictions
· Informal review and hearing processes

UPDATED exam 2026

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· Overpayment and repayment policies and procedures
· Guidelines for inspections, screening standards and requirements
· Voucher term, voucher extensions
· Family break up: protocol for who receives voucher


Approved by board of commissioners, submitted to HUD - CORRECT
ANSWER Administrative Plan


QUESTION : Contract between family and PHA.


Initially issued for at least 60 calendar days.
Describes family obligations


Is issued at initial admission and for moves
Authorizes the family to search for a unit


Document that authorizes the family to search for an eligible unit which also
specifies
the size of that unit. Also lists the family obligations under the program.


Issuance does not obligate PHA to provide assistance to family - CORRECT
ANSWER Voucher/HUD-52646


QUESTION : Type of assistance where families choose their units. - CORRECT
ANSWER Tenant-based Subsidy


UPDATED exam 2026

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QUESTION : Contract between the owner and the PHA.


Begins on the first day of lease. Ends on the same day as the lease.


PHA must approve a new tenancy and execute a new HAP contract is the family
moved into a new unit in the same complex.


PHA may pay the owner retroactively if the HAP contract is executed within 60
days of the beginning of the lease term.


Terminates if the lease terminates.


Part A includes:
Initial lease term
Initial rent to owner
Initial HAP
Utilities/appliances provided by tenant & owner
Names of all persons who reside in unit
May add verbiage the prohibits owners from charging excessive security
deposits.


Part B includes: - CORRECT ANSWER HAP Contract/HUD-52641




UPDATED exam 2026