A
VI
TU
IS
M
O
A
Housing: Rent Calculation:
N
Step by Step Questions
JP
and Accurate Answers
2025 Update
, Annual income - ANSWER All amounts, monetary or not, anticipated to be received
from a source outside
the family which go to or on behalf of family head or spouse or to any other
family member during the 12 months following certification or recertification,
not specifically excluded by HUD regulation.
Total monthly income - ANSWER Annual income divided by 12.
A
Adjusted annual income - ANSWER Annual income less HUD allowances
VI
Adjusted monthly income - ANSWER Adjusted annual income divided by 12.
Total family share - ANSWER The total amount the HUD rent formula requires the
TU
tenant to pay toward rent plus the PHA's utility allowance for the unit.
Tenant rent to owner - ANSWER The portion of the rent paid to the owner by the
family.
IS
Utility reimbursement to family - ANSWER The portion of the housing assistance
payment which exceeds the amount of the rent to owner.
M
Rent to owner - ANSWER The amount that the owner is paid for rent from both the
family and the PHA.
O
Utility allowance - ANSWER Estimate calculated from schedule of utility costs for
utilities not included in owner's rent - an allowance for tenants toward payment of
A
utilities
N
Gross rent - ANSWER Rent to owner plus utility allowance.
JP
Housing assistance payment contract - ANSWER Contract between owner and PHA
for housing assistance.
Fair market rent (FMR) - ANSWER A figure established by HUD by bedroom size to
assist the PHA in the determination of the payment standard schedule.
Payment standard (PS) - ANSWER A figure which determines the maximum
amount of subsidy a family can receive in the tenant-based assistance program.
VI
TU
IS
M
O
A
Housing: Rent Calculation:
N
Step by Step Questions
JP
and Accurate Answers
2025 Update
, Annual income - ANSWER All amounts, monetary or not, anticipated to be received
from a source outside
the family which go to or on behalf of family head or spouse or to any other
family member during the 12 months following certification or recertification,
not specifically excluded by HUD regulation.
Total monthly income - ANSWER Annual income divided by 12.
A
Adjusted annual income - ANSWER Annual income less HUD allowances
VI
Adjusted monthly income - ANSWER Adjusted annual income divided by 12.
Total family share - ANSWER The total amount the HUD rent formula requires the
TU
tenant to pay toward rent plus the PHA's utility allowance for the unit.
Tenant rent to owner - ANSWER The portion of the rent paid to the owner by the
family.
IS
Utility reimbursement to family - ANSWER The portion of the housing assistance
payment which exceeds the amount of the rent to owner.
M
Rent to owner - ANSWER The amount that the owner is paid for rent from both the
family and the PHA.
O
Utility allowance - ANSWER Estimate calculated from schedule of utility costs for
utilities not included in owner's rent - an allowance for tenants toward payment of
A
utilities
N
Gross rent - ANSWER Rent to owner plus utility allowance.
JP
Housing assistance payment contract - ANSWER Contract between owner and PHA
for housing assistance.
Fair market rent (FMR) - ANSWER A figure established by HUD by bedroom size to
assist the PHA in the determination of the payment standard schedule.
Payment standard (PS) - ANSWER A figure which determines the maximum
amount of subsidy a family can receive in the tenant-based assistance program.
