1|Page
NMA HCV SPECIALIST HOTMA NOW EXAM
2026## COMPLETE PRACTICE QUESTION BANK
– 150+ QUESTIONS WITH ANSWERS &
RATIONALES
## TABLE OF CONTENTS
1. Section 1: HOTMA Overview, Legislation & Effective Dates (Qs 1-
15)
2. Section 2: Income Definitions & Exclusions (HOTMA 102) (Qs 16-
35)
3. Section 3: Deductions & Allowances (Qs 36-50)
4. Section 4: Asset Limits & Calculations (HOTMA 104) (Qs 51-70)
5. Section 5: Rent Calculations & TTP (Qs 71-85)
6. Section 6: Interim Recertifications & Reporting (Qs 86-100)
7. Section 7: HQS Inspections & Owner Responsibilities (Qs 101-115)
8. Section 8: Portability (HUD-52665) & Forms (Qs 116-130)
9. Section 9: VAWA, Reasonable Accommodations, Terminations (Qs
131-145)
10. Section 10: 2026 Updates & Rapid Review (Qs 146-155)
11. Answer Key with Rationales (Complete)
,2|Page
---
## SECTION 1: HOTMA OVERVIEW, LEGISLATION &
EFFECTIVE DATES
**Question 1**
HOTMA was signed into law in what year?
A) 2014
B) 2015
C) 2016
D) 2017
**Answer: C – 2016**
**Rationale:** HOTMA (Housing Opportunity Through Modernization
Act) was enacted on July 29, 2016. However, the final HUD rule was
published in 2023 with staggered effective dates. The mandatory
compliance date for the final major provisions (Sections 102 and 104)
was extended to January 1, 2026, via HUD Notice H-2025-03.
---
**Question 2**
,3|Page
According to HUD Notice H-2025-03, what is the mandatory
compliance date for Sections 102 (Income) and 104 (Assets) of HOTMA
for the HCV program?
A) October 1, 2023
B) January 1, 2025
C) July 1, 2025
D) January 1, 2026
**Answer: D – January 1, 2026**
**Rationale:** HUD extended the compliance deadline multiple times
due to system implementation challenges. The final extension, issued in
May 2025 via Notice H-2025-03, pushed the mandatory date to January
1, 2026, to allow PHAs and owners time to update software and
administrative plans.
---
**Question 3**
HOTMA primarily amends which two federal housing acts?
A) Fair Housing Act and Americans with Disabilities Act (ADA)
B) United States Housing Act of 1937 and the Cranston-Gonzalez
National Affordable Housing Act
C) Section 8 Housing Act and Section 202 Housing for the Elderly Act
, 4|Page
D) Violence Against Women Act (VAWA) and McKinney-Vento
Homeless Assistance Act
**Answer: B – United States Housing Act of 1937 and the Cranston-
Gonzalez National Affordable Housing Act**
**Rationale:** HOTMA amends the U.S. Housing Act of 1937 (which
governs the HCV and public housing programs) and the Cranston-
Gonzalez National Affordable Housing Act of 1990 (which governs
HOME, HOPWA, and Housing Trust Fund programs). VAWA and the
Fair Housing Act were not amended by HOTMA.
---
**Question 4**
Which of the following was NOT a primary goal of HOTMA?
A) Simplify income calculations for housing programs
B) Reduce administrative burden on PHAs
C) Eliminate all housing assistance for non-citizens
D) Align housing program definitions with IRS tax code definitions
**Answer: C – Eliminate all housing assistance for non-citizens**
NMA HCV SPECIALIST HOTMA NOW EXAM
2026## COMPLETE PRACTICE QUESTION BANK
– 150+ QUESTIONS WITH ANSWERS &
RATIONALES
## TABLE OF CONTENTS
1. Section 1: HOTMA Overview, Legislation & Effective Dates (Qs 1-
15)
2. Section 2: Income Definitions & Exclusions (HOTMA 102) (Qs 16-
35)
3. Section 3: Deductions & Allowances (Qs 36-50)
4. Section 4: Asset Limits & Calculations (HOTMA 104) (Qs 51-70)
5. Section 5: Rent Calculations & TTP (Qs 71-85)
6. Section 6: Interim Recertifications & Reporting (Qs 86-100)
7. Section 7: HQS Inspections & Owner Responsibilities (Qs 101-115)
8. Section 8: Portability (HUD-52665) & Forms (Qs 116-130)
9. Section 9: VAWA, Reasonable Accommodations, Terminations (Qs
131-145)
10. Section 10: 2026 Updates & Rapid Review (Qs 146-155)
11. Answer Key with Rationales (Complete)
,2|Page
---
## SECTION 1: HOTMA OVERVIEW, LEGISLATION &
EFFECTIVE DATES
**Question 1**
HOTMA was signed into law in what year?
A) 2014
B) 2015
C) 2016
D) 2017
**Answer: C – 2016**
**Rationale:** HOTMA (Housing Opportunity Through Modernization
Act) was enacted on July 29, 2016. However, the final HUD rule was
published in 2023 with staggered effective dates. The mandatory
compliance date for the final major provisions (Sections 102 and 104)
was extended to January 1, 2026, via HUD Notice H-2025-03.
---
**Question 2**
,3|Page
According to HUD Notice H-2025-03, what is the mandatory
compliance date for Sections 102 (Income) and 104 (Assets) of HOTMA
for the HCV program?
A) October 1, 2023
B) January 1, 2025
C) July 1, 2025
D) January 1, 2026
**Answer: D – January 1, 2026**
**Rationale:** HUD extended the compliance deadline multiple times
due to system implementation challenges. The final extension, issued in
May 2025 via Notice H-2025-03, pushed the mandatory date to January
1, 2026, to allow PHAs and owners time to update software and
administrative plans.
---
**Question 3**
HOTMA primarily amends which two federal housing acts?
A) Fair Housing Act and Americans with Disabilities Act (ADA)
B) United States Housing Act of 1937 and the Cranston-Gonzalez
National Affordable Housing Act
C) Section 8 Housing Act and Section 202 Housing for the Elderly Act
, 4|Page
D) Violence Against Women Act (VAWA) and McKinney-Vento
Homeless Assistance Act
**Answer: B – United States Housing Act of 1937 and the Cranston-
Gonzalez National Affordable Housing Act**
**Rationale:** HOTMA amends the U.S. Housing Act of 1937 (which
governs the HCV and public housing programs) and the Cranston-
Gonzalez National Affordable Housing Act of 1990 (which governs
HOME, HOPWA, and Housing Trust Fund programs). VAWA and the
Fair Housing Act were not amended by HOTMA.
---
**Question 4**
Which of the following was NOT a primary goal of HOTMA?
A) Simplify income calculations for housing programs
B) Reduce administrative burden on PHAs
C) Eliminate all housing assistance for non-citizens
D) Align housing program definitions with IRS tax code definitions
**Answer: C – Eliminate all housing assistance for non-citizens**
