Low Income Housing Rent Calculator

This calculator is a guideline for rent costs only.

Low income housing rent calculator. Most rules also apply to usda rural rental assistance and many other forms of low income housing. How much rent you pay the amount of rent you pay will be calculated to be 30 of your household income. Public housing rent calculator view a video tutorial on this tool. This calculator does not necessarily represent your actual final rent costs.

At the bottom of the post you will find downloadable excel files that correspond with the videos. Income family composition payment standards are subject to change after the completion of the affordability test. In some cases particularly when dealing with families with extremely low incomes significantly less than 30 percent of their area s median income your ttp equals 10 percent of your monthly income or a minimum rent of between 25 and 50 depending on the area housing authority once you ve gathered your annual income put. Unit bedroom size to be confirmed at the inspection.

Each pha has its own procedures to calculate a renter s ttp.