(a) determine, prior to admission, the probable aggregate annual income of all members of applicants' household;

(b) restrict admission to such households whose probable aggregate annual income is within applicable admission limits;

(c) review once a year probable aggregate annual income of households in possession;

(d) assess and collect surcharges in accordance with approved schedules from households whose income warrants such surcharges; and

(e) accept Federal reimbursement under section 8 of the Housing and Community Development Act of 1974 in lieu of rent payment for qualified tenants and tenant-shareholders who were residing in the housing company premises prior to the determination of their eligibility for government rent subsidy and not reject an applicant for an apartment solely on the basis that all or part of the rent shall be paid under section 8 of the Housing and Community Development Act of 1974.