Fair Market Rents / Burlington Housing Authority (BHA) Payment Standards
|
# of Bedrooms |
BHA |
HUD |
|
Efficiency |
$1,091 |
$1,091 |
|
1 |
$1,265 |
$1,265 |
|
2 |
$1,628 |
$1,628 |
|
3 |
$2,025 |
$2,025 |
|
4 |
$2,208 |
$2,208 |
* As of 10/1/2020. Includes Utilities
** As of 8/24/2020. Includes Utilites
BHA Payment Standards are set at varying percentages of the Fair Market Rents, which are determined annually by the U.S. Department of Housing & Urban Development. The BHA payment standards: EFFECTIVE JULY 1, 2021 for NEW ADMISSIONS and MOVES & AUGUST 1, 2021 for ANNUAL RECERTIFICATIONS. Reminder: Payment standards do not change for Interim Recertifications
Affordable Rents: For HOME funded projects, rents shall not exceed the HOME Program maximum rents. For CDBG funded projects, the city shall consider the Fair Market Rents as published by HUD annually as "affordable rents" per 24 CFR 570.208(a)(3).
