Do Payment Standards Include Utilities?
The Payment Standard includes a Utility Allowance component of $ 50. So, if an apartment includes utilities, the rent would have to be below $710 to be within the Payment Standard.
Do HUD Fair Market Rents include utilities?
Yes. The FMR includes rent and utilities. If the tenant pays the utilities, then the calculation of the Tenant Rent must include a utility allowance.
Does the Fair Market Rent (FMR) include utilities? - HUD Exchange
How are payment standards calculated?
In the median rent method, HUD determines the exception payment standard amount by multiplying the FMR times a fraction of which the numerator is the median gross rent of the exception area and the denominator is the median gross rent of the entire FMR area.
24 CFR § 982.503 - Payment standard amount and schedule.
The Payment Standard is the maximum amount of assistance a family can receive and is based on the region's fair market rent and funding from HUD. This is not the maximum rent that can be charged by landlords.
Payment Standards Housing Choice Voucher Program - SHRA
What are voucher payment standards?
The Section 8 Voucher Payment Standard is the most the Housing Authority can pay to help a family with rent. ... The Housing Authority establishes Voucher Payment Standards (VPS) based on the Fair Market Rents (FMR), which are established at least annually by U.S. Department of Housing and Urban Development (HUD).
About Section 8 - HACLA.org