In the Housing Choice Voucher (HCV) program, payment standards are used in the calculation of the housing assistance payment (HAP) that the Public Housing Agency (PHA) pays to the owner on behalf of the family leasing the unit. 24 C.F.R. 982.4 defines Payment Standard as the maximum monthly assistance payment for a family assisted in the voucher program (before deducting the total tenant payment by the family).
The payment standard for a family is the lower of:
- Payment standard for the family unit size indicated on the voucher; or
- Payment standard for the size of the unit leased by the family.
PAYMENT STANDARDS – As of October 1, 2022