How are NYCHA and tenant portions of rent determined?
Each year, HUD establishes “Voucher Payment Standards” for apartments based upon the number of bedrooms. NYCHA’s Section 8 Program is currently set at 100% of the Voucher Payment Standards published by HUD each year for New York City rentals and transfers. If a voucher holder finds an apartment where the rent is at or below the payment standard, the tenant pays a monthly rent equal to 30% of adjusted gross income and NYCHA pays the remainder of the rent. If a voucher holder rents an apartment where the rent is above the payment standard, the tenant portion of rent is equal to 30% of adjusted gross income plus the difference between the payment standard and the contract rent. However, at the initial rental the family contribution for rent may not be permitted to exceed 40% of adjusted monthly income. Back to the Top • Who makes the rental payment and when may an owner expect to receive the payment? Each month, NYCHA makes a housing assistance payment directly to the landlord. The first
