What Is Exception Payment Standard?
Exception Payment Standards are based on the federal Small Area Fair Market Rent that allow for a maximum level of subsidy based at the zip code level, which better aligns the level of subsidy with the local market rents. Exception Payment Standards apply to all HPD Section 8 program applicants and participants.
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.
Effect of Utility Allowance Increases on Section 8 Housing Choice ...
$2015.00 is the number you can expect to get from the HACC section 8 program as a landlord.
What Section 8 Pays in Cook County in 2021 - GC Realty
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
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)....VOUCHER PAYMENT STANDARDS (VPS)
About Section 8 - HACLA.org