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Section 8 payment standard calculator
Section 8 payment standard calculator









section 8 payment standard calculator

The BHA sets a Payment Standard for each zip code and unit size, typically close to the median rent.ĥ. Payment Standard: The Payment Standard establishes a maximum BHA subsidy. Gross Rent: The Gross rent is the Contract Rent + the Utility Allowance.Ĥ.

section 8 payment standard calculator

The more utilities a tenant is responsible for, the higher the allowance becomes. Utility Allowance: This is the amount that BHA has determined that the tenant will likely pay for utilities based on annual studies in the area. The requested Contract Rent cannot exceed what BHA determines to be the reasonable rent when compared to the market.Ģ. Contract Rent: This is the owner's requested rent for the unit. To calculate how much you might be able to rent your apartment for, please use our new landlord tool that incorporates both comparable rents and payment standards:ġ. Note that the payment standard does not equal the rent BHA will pay for a unit rather it is the absolute maximum the BHA will reimburse. Second, the reasonable rent, plus the estimated utilities paid by the tenant, cannot exceed ZIP Code level “Small Area Fair Market Rent” payment standard by more than 10% of the tenant’s monthly adjusted gross income. First, the BHA calculates rent reasonableness based on comparable units in your area. The Boston Housing Authority determines rent for Section 8 properties according to two factors.

#Section 8 payment standard calculator how to

For Landlords How to become a landlord How Much Rent Does BHA Pay? How Rent is Determined for the Section 8 Voucher Program











Section 8 payment standard calculator