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federalUnited StatesHousing Choice Voucher Programsubsidy_calculation
The payment standard schedule must sit in the 90 to 110 percent basic range and be revised within three months of a new FMR
hcv.payment_standard.basic_range · v1.0.0
The PHA must adopt a payment standard schedule establishing an amount for each unit size in each FMR area in its jurisdiction. A basic range amount is any dollar amount from 90 percent up to 110 percent of the published FMR for that unit size, which the PHA may set without HUD approval. The PHA must revise its payment standard amounts and schedule no later than three months following the effective date of a published FMR if revision is necessary to stay within the basic range. An amount above 110 percent is an exception payment standard and is available only on the conditions stated in 982.503(d).
Small Area FMRs change which FMR is 'the applicable FMR' for a ZIP code; 982.503(a)(1) sets that out. The corpus does not model the SAFMR designation, so a percentage computed against the metropolitan FMR in a designated SAFMR area will be wrong.
- Confidence
- high
- Effective from
- 2024-06-06
- Last reviewed
- 2026-08-22
Evidence required
- Published income and rent limit schedule in effect(one_per_year)
Citations
All sources verified within 1 day- Section 8 Tenant-Based Assistance: Housing Choice Voucher Program982.503(c)
- Section 8 Tenant-Based Assistance: Housing Choice Voucher Program982.503(c)(3)
- Section 8 Tenant-Based Assistance: Housing Choice Voucher Program982.503(d)