CEDO

Fair Market and Affordable Rents

Burlington Housing Authority (BHA) Payment Standards / U.S. Department of Housing and Urban Development (HUD) Fair Market Rents

# of Bedrooms 

BHA
Payment Standards* 

HUD
Fair Market Rents**

Efficiency

 $1,252

 $1,139

 1

 $1,396

 $1,238

 2

 $1,800

 $1,615

 3

 $2,225

 $1,982

 4

 $2,441

 $2,170

*Updated 3/13/23, Includes Utilities.

** Published by HUD 9/1/2022, 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 April 1, 2023 for NEW ADMISSIONS and MOVES & June 1, 2023 for ANNUAL 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).