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The payments cover some or all of the voucher holder's rent. On average, each household will pay somewhere between 30% and 40% of its income on rent.
Bedroom Payment Standards (Effective 1/2022) One$748.00Two$959.00Three$1,280.00Four$1,373.00Five$1,579.00
The payments cover some or all of the voucher holder's rent. On average, each household will pay somewhere between 30% and 40% of its income on rent.
For example, if you happen to have either real estate or cash worth up to $75,000, then your income needs to fall under 80 percent AMI to qualify for an affordable housing unit. If your income is more than 80 percent AMI, then your asset limit increases to $100,000.
To qualify for Section 8 Housing, a tenant must make no more than 50 percent of the median income for the metro area to which they're applying. In areas of the country that have the highest income limits such as New York and San Francisco, that totals $117,400 for a family of four.
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The Boston Housing Authority receives approximately 10,000 Section 8 applications each year, so there is a long waiting list. Depending on your application status, the points you receive when applying for housing, and the preferences you qualify for, the waiting list can take anywhere from one year to five years.
Household Size Household Size100%125%1$13,590$16,9882$18,310$22,8883$23,030$28,7884$27,750$34,6885 more rows
How it works: Eligible households are issued a Section 8/HCVP Voucher. The family is then given up to 120 days to locate their own rental housing, which can be located anywhere in the country, or they can elect to remain in their current unit provided it meets program requirements.
If the payment standard for a two-bedroom apartment is $1,036 and your household monthly adjusted income is $600, BHA will pay a maximum of $858. Your family may rent a unit with more bedrooms than the number on your voucher, but the payment standard amount is based on the unit size for which your family is eligible.
Housing is considered "affordable" when the tenant or homeowner pays no more than 30% of their gross income for housing costs.

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