Rent Affordability Calculator

HCVP Utility Allowance Chart

 

Complete the form below to use the Rent Affordability Calculator:

Annual Gross Income

Adjusted Income

Owner's Requested Rent

Indicate City

Indicate Voucher Size - RFTA bottom of Page 1

Indicate Unit's Bedroom Size

Will the applicant pay for Electricity?

Will the applicant pay for Gas or Electric energy source costs?
(heating, cooking, water heating)

Will the applicant pay for water/sewer?

Will the applicant pay for trash collection?

Which appliances (if any) will the applicant provide?

 

 

  • The affordability calculator only applies to new contracts.

  • It views the landlord's requested rent from an affordability standpoint. HUD regulations stipulate that the rent be both reasonable and affordable. Therefore, even though the calculator shows that the requested rent is affordable, this does not mean that it is necessarily reasonable. Once the rent reasonableness test has been conducted, you could be presented with a final rent offer for less than your original request, because of this.

  • Income, family composition, payment standards are subject to change after the completion of the affordability test.

  • Unit bedroom size to be confirmed at the inspection.

  • This calculator is a guideline for rent costs only. This calculator does not necessarily represent your actual final rent costs.