Sample Rent Calculation
How Your Rent is Calculated
(Sample based on Head of Household with one child under (8) full time student)
| Your Annual Income | $11,960.00 |
| Less Allowances | $480.00 |
| Annual Adjusted Income | $11,480.00 |
| Monthly Adjusted Income divided by 12 Months | $957.00 |
| 30% of Monthly Income equals TTP | $287.00 |
| Rent Requested by Landlord | $650.00 |
| Utility Allowance (2) Bedroom paying electricity only | $49.00 |
| Gross Rent (Rent + Utility) | $699.00 |
| Payment Standard Established for 2 Bdr Unit | $768.00 |
| Calculating Housing Assistance Payment (HAP) to Landlord | |
| 1. Take the lesser of the Groos Rent or Payment Standard | |
| 2. Subtract the TTP amount (e.g. $699 - $287) to get subsidy | $412.00 |
| Your Portion of Rent to Owner (Rent less subsidy) $650 - $412 equals your portion |
$238.00/month |
Note: Permissable allowances are:
- $480 per minor children or for full time student
- $400 for elderly or disabled family (one-time only)
- For elderly and disabled families only medical or auxiliary assistance is considered an allowance (see your case worker for more details)
