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Current voucher payment standards From the U.S. Department of Housing and Urban Development for the Seattle Metropolitan Statistical Area. Figures are subject to change without notice.
Standards effective April 1, 2007. For more information, click here. What are voucher payment standards? Every year SHA establishes voucher payment standards for units of various bedroom sizes. Voucher payment standards place a cap on the amount of subsidy SHA will pay for tenants’ rent and utilities. In general, the amount of subsidy a household receives is equal to the payment standard minus 30 percent of the tenant’s adjusted gross income. Please keep in mind that voucher payment standards are not the maximum amounts owners can charge for rent, because voucher payment standards include an amount for utilities as well. So, the more utilities the tenant is required to pay, the less subsidy is available for rent. Remember, rents must be reasonable. If the rent being charged is too high compared to similar units in the same area and the owner will not negotiate a lower rent, SHA will not approve the unit for the program – even if the combined rent and utility costs do not exceed voucher payment standard limits. How does SHA set voucher payment standards? The Housing Authority's voucher payment standards are based on HUD’s annually published Fair Market Rent (FMR) for the Seattle/King County/Everett area, adjusted for the local Seattle market. SHA’s payment standards generally are set at 105 percent to 110 percent of the HUD FMR for most bedroom sizes. Accommodations for a disability Exceptions to voucher payment
standards or program procedures may be made in some
cases to accommodate a disability. |
