Payment Standards & Utility Rates
- The maximum housing assistance paid on behalf of a tenant. The payment standard is the beginning amount used for calculating the housing assistance payment. The maximum housing assistance that eligible families can receive under the program is the difference between 30% of the net household income and the current payment standard.
- Example: for a 2 bedroom voucher holder with 30% of thier adjusted monthly income equal to $250 would equal a subsidy of $595.00
$845= Payment standard
-$250= Tenant Family Contribution
- Currently the voucher payment standards based on dwelling size are:1 bedroom = $8132 bedroom = $1,0123 bedroom = $1,2964 bedroom = $1,368
- The HHA will pay a monthly amount to the owner, which is the difference between the rent paid by the family and the approved rent for the unit. The rent is established based on local comparable rent standards for non-subsidized rents. It is illegal for HCV Program rents to be set significantly higher than open market rents in the same area.
- rent reasonableness-
- all proposed rents must be comparable and reasonable as compared to similar unassisted units
- Water, Sewer & Trash
- are to be paid by the owner up to the utility allowance designated on the utility schedule for the appropriate family bedroom size listed on the voucher. if the unit is separately metered for water, the owner may request the tenant pay any amount exceeding the utility allowance with the exception of any late charges. A copy of the City’s water bill must be attached to the tenant’s billing.