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Maximum Family Share - Section 8

At the time the Public Housing Agency (PHA) approves a tenancy for initial occupancy of a dwelling unit by a family in the Tenant-Based Voucher program, and where the "gross rent" of the unit exceeds the applicable payment standard for the family, the "family share" must not exceed 40% of the family's adjusted monthly income.

Gross Rent: The gross rent is the Rent to Owner plus any Utility Allowance.

Family Share: The family share is the gross rent minus the Housing Assistance Payment (HAP).

What does this mean to you?

If you are already receiving Section 8 assistance, it does not apply to you.

If you are applying for Section 8 assistance under the Tenant-Based Voucher program, and the rental unit you are considering has a high rent in comparison to the Payment Standard for the unit's location and your family size, then the above restriction on Maximum Family Share may apply, and you may not be eligible to rent the unit. If so, then you will have to find a less expensive rental unit in order to receive Section 8 Tenant-Based Voucher assistance (or negotiate a lower Rent to Owner for the unit you are considering).

Enter into WorkWORLD information about the rental unit and your family income. WorkWORLD will tell you if you financially eligible.

See Also:

Financial Eligibility for Section 8 Assistance

Source:

Code of Federal Regulations (CFR): 24CFR982.508

Back to:

Section 8 Housing Overview

Federal Rent Assistance

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