The maximum housing assistance is generally the lesser of the payment standard minus 30% of the family's monthly adjusted income or the gross rent for the unit minus 30% of monthly adjusted income. The PHA calculates the maximum amount of housing assistance allowable. The housing voucher family must pay 30% of its monthly adjusted gross income for rent and utilities, and if the unit rent is greater than the payment standard the family is required to pay the additional amount.īy law, whenever a family moves to a new unit where the rent exceeds the payment standard, the family may not pay more than 40 percent of its adjusted monthly income for rent. However, the payment standard does not limit and does not affect the amount of rent a landlord may charge or the family may pay. The PHA determines a payment standard that is the amount generally needed to rent a moderately-priced dwelling unit in the local housing market and that is used to calculate the amount of housing assistance a family will receive. Search the largest affordable housing listings network in the country, save your favorite properties and search criteria, plus, connect directly with property owners.Ī family which receives a housing voucher can select a unit with a rent that is below or above the payment standard.
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