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News:
September 2, 2010 
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Rent Determination

Fair Market Rents and
Payment Standards 2009

Number
of
bedrooms
HUD's
Fair
Market
Rents
CMHA's
Payment
Standard
0$537$590
1$612$673
2$746$783
3$978$1,026
4$1,050$1,155
5$1,208$1,327
6$1,365$1,501
7$1,523$1,674
8$1,680$1,848

As of July 1, 2009

  

HUD requires that HCVP rents be "reasonable." CMHA monitors the rental market and establishes average gross rents for each sub-market within Cuyahoga County.

  • Each housing unit proposed for contract is rated by an HCVP inspector relative to its location. The HUD defined "Fair Market Rent" (FMR) determines maximum subsidy, but not reasonable rent.
  • Reasonable gross rent less allowances for tenant-paid utilities equals reasonable rent.
  • The Housing Assistance Payment (HAP) is the difference between the contract rent and tenant's share of rent (Tenant Rent).
  • The tenant may not pay more than 40% of his/her adjusted income toward the rent in the initial year of the contract.

 

Utility Allowances

 

Frequently Asked Questions

 

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Equal Housing Opportunity LogoCUYAHOGA METROPOLITAN HOUSING AUTHORITY
1441 West 25th Street • Cleveland, Ohio 44113-3101
Telephone: (216) 348-5000 • Fax: (216) 348-4925
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