Good question! Several factors are used in determining the rent for a person on voucher program. First, we add the source of income for all family members who are generating an income. We then factor in the number of persons in the family. If you have assets of at least $15,000, 2% of those assets are counted as income.
The family size will dictate how many bedrooms your voucher will qualify you for. Finally, we factor in the fair market value of the rent, including essential utilities, for the dwelling that you are qualified to have a voucher for. This depends on your community or jurisdiction: no two jurisdictions on the same.
Your out of pocket rent (that is, the amount that you will actually pay) will be determined by these factors. Your rent, plus utilities, known as your total tenant payment, or TTP, should not equal more than 30% of your income.
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175 dollars
He spends 25% of his income on rent.
36.1%
£80
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