2017 Payment StandardsPayment standard is defined as:
The maximum monthly assistance payment for a family assisted in the voucher program (before deducting the total tenant payment by the family). 24 CFR 982.4
THE PAYMENT STANDARDS ABOVE REFLECT RENTS IF THE LANDLORD PAID ALL UTILITIES
The payment standards are used to calculate the monthly housing assistance payment for a family. Families may not pay more than 40% of their adjusted monthly income toward rent and utilities. The amount a family qualifies for is dependent on their income.
The payment standard used to calculate rent for the family is the lower of: The payment standard amount for the family unit (voucher) size or the payment standard amount for the size of the dwelling unit rented by the family.
Reasonable Rents: the rent requested must be reasonable compared to other similar unassisted units. Rent reasonableness will be conducted by inspector and all requested rents must be approved for an initial lease or any rent increases.