Housing Choice Voucher Program Fair Market Rent and Utility Allowances
HUD requires that Hempstead Housing Authority determine a reasonable rent for an HCV-subsidized unit.
24 CFR 574.320 (a)(3) Rent reasonableness. The rent charged for a unit must be reasonable in relation to rents currently being charged for comparable units in the private unassisted market and must not be in excess of rents currently being charged by the owner for comparable unassisted units.
HHA HCV (Section 8) Payment Standards Effective November 1, 2020
24 CFR 574.320 (a)(3) Rent reasonableness. The rent charged for a unit must be reasonable in relation to rents currently being charged for comparable units in the private unassisted market and must not be in excess of rents currently being charged by the owner for comparable unassisted units.
HHA HCV (Section 8) Payment Standards Effective November 1, 2020