rent

How much rent can an owner charge?

The rent charged by the owner must be at market value.  Market value is the amount of rent that would be charged if a unit is rented to a tenant without federal assistance.  Market value is determined by an LHA Inspector through an appraisal process called rent reasonableness. 

Housing Choice Voucher participants are encouraged to find units with rent close to the LHA target rent as determined by their voucher size.  This keeps the tenant’s rent portion affordable and means their rent and utility costs will be close to 27% - 30% of their income.

 

Target Rents & Utility Allowances Effective February 1, 2010