RESOLUTION 19-018 HOUSING CHOICE VOUCHER PAYMENT STANDARDS 2019.DOC
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RESOLUTION 19-018 HOUSING CHOICE VOUCHER PROGRAM PAYMENT STANDARDS EFFECTIVE AUGUST 1, 2019 WHEREAS, payment standards are used to calculate the housing assistance payment (HAP) that the Housing Authority pays to the owner on behalf of the family leasing the unit. The level at which the payment standard amount is set directly affects the amount of subsidy a family will receive, and the amount of rent paid by program participants; and WHEREAS, each Housing Authority must adopt a payment standard schedule that establishes voucher payment standard amounts for each unit size, for each FMR area, in the Housing Authority’s jurisdiction; and WHEREAS, HAMC will increase the payment standard for 1- and 2-bedroom units to 105% of the FMR, and 3-bedroom units to 97% of the FMR, updating the Payment Standards as follows: Bedroom Size Fair Market Rent 2019 HAMC Payment Standard 0 $744 $670 1 $868 $911 2 $1073 $1127 3 $1551 $1504 4 $1776 $1598 5 $1951 $1833 6 $2206 $2072 NOW THEREFORE: BE IT RESOLVED, that the Board of Commissioners of the Housing Authority of Maricopa County hereby adopts Resolution No. 19-018 and approves the Housing Choice Voucher Payment Standards effective August 1, 2019. Dated this ___________________day of ___________________________________, 20_______. Housing Authority of Maricopa County ATTEST: Chairman, Board of Commissioners Gloria Munoz, Clerk of the Board Approved As To Form Attorney for Housing Authority