Income and Payment Standards. Accessed May 21, 2020. Generally, when a voucher becomes available, the family at the top of the waiting list is contacted and screened for eligibilityOnce selected from the waitlist, the family follows the steps outlined below: After admission to the program, families must re-establish eligibility approximately every two years. The Housing Authority of Cook County (HACC) Senior Section 8 Project-Based Voucher waiting list for 1 and 2-Bedroom apartments at Ann Rainey Apartments is closed. 93% of households were very low income (VLI) and 73% were extremely low income (ELI). Housing Choice Voucher Program . There is no notice of when this waiting list will reopen. 24 CFR 982.505. . hmk0}A^,($kY$;uo[NwD$P higher rents from these housing choice vouchers, How (Smart) Landlords Can Benefit From Government Programs, Strengths and Weaknesses of the Housing Voucher Program. We have 551 properties for rent listed as section 8 cook county il, from just $600. Sources: This information was verified by the HACC notice on November 4, 2022. "Strengths and Weaknesses of the Housing Voucher Program." Pass screening process. Sources: This information was verified by the HACC facebook's page public notice on November 4, 2022. Cook County Government. Step 2: Determine Submarket. How To Calculate Rental Vacancy and Credit Loss in Real Estate. reported to. Qualify on the basis of citizenship or eligible immigrant status There are already . This waiting list has the following preferences: 10,000 applicants wereplaced on the waiting list by random lottery, and ranked by order of preferences. This feature of the program is referred to as portability. Sections in Commercial Real Estate Lease Documents. Generally, the total number of persons allowed for determining family size should be the same as those allowed as exemptions on the taxpayer's most recent year income tax return. Through his brokerage, he consults with both local and out of-state investors on the acquisition, stabilization, and management of their rental property portfolio. Here is a link to the 2021 Payment Standards that has been in effect since June 2021 for rental amounts. Urban Institute. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. These individuals explore and implement best practice standard. I would like to share with you today an especially valuable resource that will help Landlords find the approximate amount the Housing Authority of Cook County(HACC) will pay based on what suburb within Cook County your property is located. Any issues should be Now that number is not exact and I would advise any landlord to look at this being a median number. The chart breaks down zip codes and bedroom sizes to give you the rent that HACC would pay the landlord if the tenant had no utility responsibility like gas or electric. Here is a link to the 2018 Payment Standards that has been in effect since July 2018 for rental amounts. 73% of households headed by someone 62 or older were headed by a person with a disability. Mark loves to give feedback to beginners, out-of-state investors, or less experienced entrepreneurs on what steps to avoid in growing a business. Stay up to date with available properties, Example: Yes, I would like to receive emails from HACC. Priority preference will be given to applicants who are currently on the HACCs Housing Choice Voucher (HCV) wait list. (312) 663-5447. Feel free to reach out anytime to discuss your current property or even a property you might be looking to purchase. The HACC lastacceptedapplications for this waiting list from November 16, 2022, until November 21, 2022. Contact. This waiting list is for Section 8 Housing Choice Voucher rental assistance in Cook County, Illinois; excluding Chicago, Cicero, Elgin, Maywood, Oak Park and Park Forest. It is based on the U.S. Department of Housing and Urban Development's (HUD) Fair Market Rent Study. U.S. Department of Housing and Urban Development. hbbd``b`jv V9$+`XU V%Hp %La`$@g L
At the bottom of this page you can find some links that will take you to information specifically about CHA. To find out more about the Emergency Housing Program, click here. Golden Gate Village Revitalization - Revitalization Phase (2021 - Current) Golden Gate Village Revitalization - Board Of Commissioners Request to Adopt Resolution No. $*kJ(u9z Z&!||3gfO@tLoX_u'\F|"\cIEBg,O"(M This waiting list is for Other rental assistance in Skokie and Arlington Heights, Illinois. His extensive experience allows him to share his knowledge on many topics like property managem MARK AINLEY is an investor, managing broker, and property manager with nearly two decades of experience in real estate. Apartments offered through this waiting list are only located within this service area. S 037 Cook County 561 564 695 904 1090 1253 1417 1580 . For New Port in clients please send all inquiries toportabilityfax@thecha.org, For Port Billable clients please send all inquiries to hcvportability@thecha.org. }7-^*dM+lgp1r rnl s)uu!z]mopp3HBBnR5A-k(TYKmG$
A$viP[e+r$iA He has rehabbed and stabilized over 480 properties and currently manages over 1000 investment properties throughout the Chicagoland area. Learn more about the benefits of participating in the Housing Choice Voucher Program as a landlord! The Housing Authority of Cook County (HACC) Senior Section 8 Project-Based Voucher waiting list for 1 and 2-Bedroom apartments at Broadview Senior Apartmentsis closed. "Fair Market Rents." The VPS above are effective 11/01/2022. 4 0 obj
For more information, visittheHACC websitehere. Miami-Dade County is not responsible for . Below are the Payment Standards effective January 1, 2022 for new rentals, transfers and annual recertifications: Bedroom size Payment Standard ($) 0 $1,900 1 $1,945 2 $2,217 3 $2,805 4 $3,006 5 $3,457 6 $3,908 7 $4,359 8 $4,810 . The maximum income limits for each household size were as follows: Sources: This information was verified by the HACC public notice,as of September 15,2021. 250 applicants were placed on the waiting list by date and time the application is received, weighed by order of preferences. 36% of households had wages as a major source of income, 1% of households had welfare (TANF, General Assistance or Public Assistance) as their primary source of income, and 59% of households had other income (Social Security, Disability or Pension) as their major source of income. The payment standard for a family is the lower of: Payment standard for the family unit size indicated on the voucher; or All the pages on our website will meet W3C WAI's Web Content Accessibility Guidelines 2.0, Level A conformance. Rental Agreements: What's the Difference? The Housing Authority of Cook County(HACC) Multi-Family Housingwaiting list for 1-Bedroom apartments at Armond King Apartments and Albert D. Goedke Houseis currentlyclosed. If you expect the tenant to pay their own gas, electric, and water then you can take that expected rent down to $1880.00. Effective January 1, 2017, CHA will bill the initial PHA for the Participants Housing Assistance Payment (HAP) and fees associated with administering the voucher. 25% of households with a head of household 61 years or less were headed by a person with a disability. DOWNLOAD PDF FOR 2021-2022 IRS W-9 FORM The IRS form W-9 is a form required by the U.S. Internal Revenue Service. To apply during the opening period, applicants were required complete the online application. In addition to the public housing subsidized assistance program, the Aurora Housing Authority administers the Housing Choice Voucher Program (formerly known as Section 8) which was created in 1974. https://www.biggerpockets.com/blog/contributors/markainley, Stolen Identity Scam Applicant Chicago Housing Providers Must Be Prepared For, A Landlord's Guide to Chicago Eviction Laws. endstream
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For more information, please see Section 8 Housing Choice Voucher Program , a 36-page PDF. 2020 Payment Standards - Effective June 1, 2020 Range U G E Z C F G E L L G J Z J E G B Studio 1BR 2BR 3BR 4BR 5BR 6BR 7BR. There is no notice of when this waiting list will reopen. .Jh%W)^$rU5uRhe
C Applicants who are currently on the HACCs Housing Choice Voucher (HCV) wait list. Meet income limits specified by HUD CHA is committed to addressing the needs of its residents and providing more effective services in order to increase their potential for long-term economic success and a sustained high quality of life. These slight adjustments give us an idea of what we can expect on a monthly rental income basis. Servicing offices are assigned based on ZIP code. Georgia Department of Community Affairs-Rental Assistance Division 2021 DCA Payment Standards N 042 Dawson County 1117 1144 1303 1640 2005 2306 2606 2907 The maximum income limits per each household size were as follows: This waiting list hadthe following preferences: Sources: This information was verified by the Chicago Tribunepublic notice, as of April 6, 2020. For more on HCV Program processes and participant family resources, see the Participant Guidebook. Sources: This information was verified by the HACC, as of June 15, 2020. A rent that does not exceed 30 percent of the adjusted income of a family whose annual income equals 65 percent of the median income for the area, as determined by HUD, with adjustments for number of bedrooms in the unit. Payment Standard/Utility Allowance Click below to view the HUD Payment Standard and Utility Allowances. There is no notice of when this waiting list will reopen. U.S. Department of Housing and Urban Development. The Housing Authority of Cook County also known as the HACC, is the second largest public housing authority in Illinois. 2021 Payment Standards - Effective June 1, 2021 City Zip Range City Zip Range City Zip Range City Zip Range City Zip Range Alsip 60803 E Deer Park 60010 X Hillside 60163 G Mount Prospect 60056 P Rolling Meadows 60008 S Argo 60501 B Deer Park 60074 P Hodgkins 60525 N Niles 60714 K Roselle 60172 U There is no notice of when this waiting list will reopen. 45 0 obj
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D t^2V&:&!,?zY/LS,oa]"!TtCgO$@{xqA{F~ There are no open waiting lists offered by Housing Authority of Cook County. Accessed May 21, 2020. The payment option can be changed with each re-registration for the following school year. 22 0 obj
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FOIA Request HACC 2023 U.S. Department of Housing and Urban Development: Office of Policy Development Research. The HACC is a municipal corporation that was established in 1946 to serve 108 communities, as well as unincorporated areas in suburban Cook County. This waiting list is for Section 8 Project-Based Voucher rental assistance in Forest Park, Illinois. 0
CHAs Housing Choice Voucher (HCV) Program plays a vital role in housing families with children, the elderly and people with disabilities across Chicago. There is no notice of when this waiting list will reopen. 2021. The maximum amount a voucher would pay on behalf of a low-income tenant in Cook County, Illinois for a two-bedroom apartment is between $1,296 and $1,584. 2018 Payment Standards - Effective July 1, 2018. Please contact your housing specialist to make an appointment, click here to find your housing specialist. When Can a Tenant Legally Break a Rental Lease? Union Avenue Apartments, is a housing community serving people with disabilities. Current Payment Standards by Zip Code and Bedroom Size, effective 12/1/2022. Let GC Realty & Development, LLC, experienced Chicago property managers care for your Chicago rental home. About Section 8 Applicants Tenants Owners Voucher Payment Standards and Utility Standards Voucher Payment Standards (VPS) and Utility Allowance Schedules are the maximum amount of subsidy NYCHA will pay to the owner on behalf of a voucher holder. The HACC last accepted applications for this waiting list from September 22, 2021, until September 24, 2021. The Housing Authority of Cook County (HACC) Affordable Multi-Family Housing waiting list for 1-Bedroomat theJane R. Perlman and Victor Walchirk Apartments is closed. Email Ms. Knight. HPD 2021 PAYMENT STANDARDS **This payment standard applies to all zip codes that are NOT on the list of exception areas, below. The Housing Authority of Cook County (HACC) Section 8 Housing Choice Voucher waiting list is currently closed. The Housing Choice Voucher (HCV) Program provides rental assistance to help low-income households afford decent and safe rental housing. Chicago Section 8 is administered by the Chicago Housing Authority (CHA) Here is a link to the 2018 Payment Standards that has been in effect since July 2018 for rental amounts. 2022 Payment Standards - Effective September 1, 2022 City Zip Range City Zip Range City Zip Range City Zip Range City Zip Range Alsip 60803 C Deer Park 60010 X Hillside 60163 D Mount Prospect 60056 N Rolling Meadows 60008 Q Argo 60501 A Deer Park 60074 M Hodgkins 60525 L Niles 60714 J Roselle 60172 T Arlington Heights 60004 T Deerfield 60015 Z . Applications were last accepted from October19, 2020, until November 2, 2020. This waiting list is for Section 8 Project-Based Voucher rental assistance in Cook County, Illinois . Service is both quick and friendly. He has been a speaker at numerous events across the country including investing summits in Dallas, Atlanta, San Francisco, and Chicago. Find Your Specialist. 2021 DCA Payment Standards Barrow Group A 30680 Barrow Group B 30666 Barrow Group C 30548 . hb```e``e`f` L,@S! l1@yAj,,a,,!,,ls r
Interior us quite tasteful in dark wood and beige colors. She has more than 16 years of experience in real estate. 250 applicants will be placed on this waiting list by date and time the application is received, weighed by preferences. Step 1: Find Census Tract Code. The HACC last accepted applications for this waiting list from March 9, 2022, until March 11, 2022. The Housing Authority of Cook County (HACC) Affordable Multi-Family Housing waiting list for 1-Bedroomat theJuniper Towers and Golden Tower I & II Apartments isclosed. He was featured on CNBCs TV show The Deed, featuring one of his rehabs. The Housing Authority of Cook County(HACC) Disabled Section 8 Project-Based Voucherwaiting list for 1 and 2-Bedroom apartments at Union Avenue Apartmentsis currentlyclosed. In addition, you will be paid consistently each month by the Public Housing Authority., For those landlords with units that would rent above the average rent for the area, participating in the housing choice voucher program may be a disadvantage. He has been a speaker at numerous events across the country including investing summits in Dallas, Atlanta, San Francisco, and Chicago. x]ms8}bWST%M6~,$%%d[CK!nuK>>/&_{dntWO,x>gg/e_K6^Liv@yd\3r_Yy;cpG{Zt 8ty:[,f <>
Payment Standards Payment Standards Map - Click Here For all new contracts with an effective date of November 1, 2022 and re-examinations with an effective date of January 1, 2023. You may also find these other great resources helpful: Investor, Managing Broker, and Property Manager. . ,1ypSE'@U0
FY2021 Payment Standards Housing Choice Voucher Program Effective January 1, 2021. This waiting list is for Senior Public Housing rental assistance in Riverdale, Illinois. 2023 Payment Standards Effective 10/19/2022 - 12/31/2023 Click here for 2023 Payment Standards. Currently, the HCV wait list is closed. According to the 2016 PSH database, persons who were issued a voucher in the preceding 12 months waited an average of 14 months on the waiting list1. hbbd``b`:$WK +`a B$v *^ There is no notice of when this waiting list will reopen. There is no notice of when this waiting list will reopen. 3617 S. State Street The Housing Authority of Cook County (HACC) Section 8 Project-Based Voucher waiting list for 1 and 2-Bedroom apartmentsat Torrence PlaceApartmentsis closed. HCV Program participants will be assigned to one of these offices (based on ZIP code) to attend appointments and conduct business with CHA. Now that number is not exact and I would advise any landlord to look at this being a median number. Follow us onFacebook &Youtube!Looking for a breakthrough in your career? Joliet, IL 60436. endstream
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Depending on the tax laws applicable, the fees paid to BIS may be tax-deductible. Posted: 8/12/2021 Section 8 Voucher Payment Standard Calculations - 2022 . <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 17 0 R 19 0 R 21 0 R 22 0 R 24 0 R 28 0 R 29 0 R 30 0 R 31 0 R 33 0 R 34 0 R 36 0 R 37 0 R 44 0 R 45 0 R 47 0 R 49 0 R 50 0 R 52 0 R 53 0 R 54 0 R 58 0 R 59 0 R 60 0 R 63 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>>
Qea[>Gmtv=xj.WQ8R|XT2)n}rw]9 !uu#\D_{pe5^NH ]xj\}(V ,[)c/xc{. The form is available in English and Spanish. This waiting list is for Senior Public Housing rental assistance in Summit, Illinois. H ousing Choice Voucher: This is the largest part of the Section 8 program, with nearly 3,800 units . 1. ORLANDO HOUSING AUTHORITY HAS TWO (2) PAYMENT STANDARDS. leasing the unit. "Public Housing Occupancy Guidebook," Page 112. endobj
Metro HRA 390 Robert St N St Paul, MN 55101 651-602-1428 www.metrohra.org Let GC Realty & Development, LLC, experienced Chicago property managers care for your Chicago rental home. Utility Allowances Mh4AB/!TS&/_8gG[XgIA Nrnk+dTVnXZR+FL
g.R=qh1hbpKb$32L@)t,lf/BtPK6J)Q".hD\j`U,}=&`);6p{0r~xwqpBr6~;@";u&Z}p .Xo\jP~hg,@1>>y-[G Around 4-8 for starters and 10-15 for most main courses.
Please see CHA's Rent Determination Process and procedures on approving rent increases. Applications were last accepted from January 12, 2021until January 14, 2021. %
For more information about the Modification Fund, please see the HomeMod Fund Flyer, call 312-913-7062 or email fairhousing@thecha.org. Many people have questions about Section 8 and the ins and outs of the Housing Choice Voucher Program (HCV). endstream
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The landlord's asking rent for the unit must be supported by comparable rents within the area. Please note: According to the HACC public notice, this waitlist was "for near elderly 50 years of age & older". The HOME rent limits provided by HUD will include average occupancy per unit and adjusted income assumptions. Author: Gallina, Joseph Created Date: 11/25/2020 1:14:09 PM . Accessed May 21, 2020. There is no notice of when this waiting list will reopen. As an adjustment for utilities, we will deduct $100 for electricity, $100 for gas, and $75 for water. Applicants who are currently on the HACC's Housing Choice Voucher (HCV) wait list. endobj
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Facial coverings will be required for members of the public. The amount determined necessary cover the resident's reasonable utility costs is the utility allowance. CHA operates three Regional Offices to accommodate in-person visits. Sources: This information was verified by the HACC on January 7, 2021. r& {N`x[m|8) y."dbQ
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m The Housing Authority of Cook County administers several rent assistance programs to meet the housing needs of our rental participants. What are the Room Requirements For Section 8 Tenants, Chicago Housing Authority (CHA) for Section 8 Tenants, Managing Hundreds of Tenants & Getting Uncle Sam To Pay the Rent With Mark Ainley. U.S. Department of Housing and Urban Development. HUD Payment Standards DHA HUD Payment Standards effective 4/1/2022 "Note to Landlord - Payment Standards (maximum voucher allowance) do not reflect the rent DHA/KHA will approve. Use of the Payment Standard 24 CFR 982.505 A payment standard is used to calculate the monthly housing assistance payment (HAP) for the family. The HACC last accepted applications for this waiting listfrom July 28, 2021until July 30, 2021. Go to the Illinois Public Housing Waiting Lists page, Veterans and veterans families 3 points, Victims of domestic violence (VAWA) 1 point. h} qAK}I Unit size is measured by number of bedrooms. Mark loves to give feedback to beginners, out-of-state investors, or less experienced entrepreneurs on what steps to avoid in growing a business. 7 0 obj
GCR&D recently made the top 5000 fastest growing companies in the United Stateslist by influential Inc. Victims of domestic violence, dating violence, sexual assault, or stalking (referred to as VAWA collectively). We have experience and first hand investing knowledge in all areas and markets within the Chicagoland area. The maximum income limits per each household size were as follows: 1 person household: $31,200 2 person household: $35,650 3 person household: $40,100 4 person household: $44,550 This waiting list had the following preferences: Applicants who are currently on the HACC's Housing Choice Voucher (HCV) wait list. Author: emiller Created Date: 8/12/2021 12:46:43 PM . Please note: The HACC will maintain one wait list for both the Senior Public Housing and the Senior Section 8 Project Based Voucher programs at this property. Opportunities for Low-Income Suburban Residents, Office of the Independent Inspector General, CARES Act Information for Local Governments, Freedom of Information Act for Offices Under the President. If you have a 4 bedroom single family home in Homewood(60430), then you would find 60430 on the top half of the first page and see that the range is noted as P. This waiting list is for Disabled Section 8 Project-Based Voucher rental assistance in Orland Park, Illinois. When calculating this number, HUD looks at all units that have been rented in that specific area over the last 15 months. We're Here to Help Get in touch with us. While multiple modifications can be requested per project, funding is capped at $10,000 per project. . Of all households participating in the Housing Authority of Cook County Housing Choice Voucher program, 18% include at least one person with a disability. Due to special voucher programs like VASH, recent waiting list purges, or waiting list preferences the average wait time can vary significantly from one year to the next and it is entirely possible many current applicants on the waiting list have been waiting for assistance for far longer. It varies by bedroom size and by housing authority. Chicago, IL 60623. A person 18 years of age or older with a disability, Applicants who meet the definition of homelessness. Metro Area . Therefore, it is slightly lower than the median rents for the area. The Central Office services any ZIP codes not referenced above, all Applicants to the HCV Program as well as those who participate in CHAs Special Programs (Family Self-Sufficiency, Mobility Counseling and Choose To Own Homeownership). 84% of all households were headed by a female. Preferences may also be given to families who are literally homeless; who are Veterans; who are disabled; or who are victims of domestic violence, dating violence, sexual assault, or stalking (referred to as VAWA collectively). Zip Code Studio 1BR 2BR 3 BR 4 BR 5 BR 6BR 55359 770 903 1121 . 982.4 defines Payment Standard as the maximum monthly assistance payment for a family assisted in the voucher program (before deducting the total tenant payment by the family). Download your FREE copy of:What They Don't Tell You About Real Estate InvestingSee our availableTurnkey Cash-Flow Rental PropertiesPlease give us aRATING & REVIEW (Thank you! Copyright 2023 GC Realty & Development, LLC All Rights Reserved. This waiting list is for Senior Section 8 Project-Based Voucher rental assistance in Riverdale, Illinois. Section 8- Payment Standard By Zipcode * These amounts do not apply to units in the cities of Minneapolis, Saint Paul, Plymouth, Bloomington, Richfield or St . 250 applicants wereplaced on this waiting list by date and time the application is received, weighed by preferences. To apply during the opening time, applicants were required to complete the online application. Eligible HCV families may apply for the Homeownership Program, which allows potential first-time homeowners to apply their vouchers toward mortgage payments. Applications were last accepted from June 11, 2020, until June15, 2020. Participants in the HCV program pay approximately 30% of their income for rent and utilities. HACC is pleased to offer a variety of programs for our residents. This waiting list is for Other rental assistance in Chicago, Illinois. Find state of il properties for rent at the best price Applications were last accepted from March12, 2020, until March 16, 2020. To apply during the opening period, applicants were required to complete the onlineapplication. The Housing Authority of Cook County also known as the HACC, is the second largest public housing authority in Illinois. families who are literally homeless; who are Veterans; who are disabled; or who are victims of domestic violence, dating violence, sexual assault, or stalking (referred to as VAWA collectively). The unfortunate part is many of the ins and outs differ slightly from state to state, county to county, and then even city to city. Best Property Management Companies in Chicago, GC Realty & Development, LLC is committed to ensuring that its website is accessible to people with disabilities. Please reference the chart below to determine which office services your area. He has also been featured on podcasts like Bigger Pockets, The Real Estate Mogul Podcast, Joe Fairless, REI Diamonds, and Real Estate Money School. Voucher Payment Standard; Units that have been rented at what they consider to be below-market rent. The local Housing Authority will determine their payment standard or the maximum amount they are willing to pay for each number of bedrooms.. DU2P':YuN4a,%'^0/pZ\ B"aDH Apartments offered through this waiting list are only located within this service area. Mark loves to give feedback to beginners, out-of-state investors, or less experienced entrepreneurs on what steps to avoid in growing a business. The HACC last accepted applications for this waiting list from October 13, 2021, until October 15, 2021. Payment Standards Effective December 1, 2022 (pdf) Utility Allowance Single Family Detached/Mobile/Manufactured Effective 05/2021 pdf Utility Allowance Single Family Duplex/Townhouse/Condo Effective 05/2021 pdf Utility Allowance Multi-Family Effective 05/2021 pdf Utility Allowance Single Family Detached/Mobile/Manufactured Effective 8-2019 pdf Calendar Year 2023 Utility Allowance; Calendar Year 2022 Utility Allowance; Calendar Year 2021 Utility Allowance . Click here to schedule an appointment. These amounts are based Applicant families must meet the following eligibility requirements to qualify for the HCV Program: Meet HUDs definition of family The amount that the tenant must contribute will be the greater of the following: The tenant portion will be paid directly to the landlord by the tenant. What is the approximate amount HACC will pay based on Cook County suburb? This waiting list is for Section 8 Project-Based Voucher rental assistance in Riverdale, Illinois. The following table summarizes types of vouchers managed and the monthly costs of each as of December 31st, 2021: According to the 2016 Q4 Picture of Subsidized Households database, the housing authority's voucher program has an annual turnover of 7% having issued approximately 1,981 vouchers in the past year. The Rent Assistance Division services over 13,000 families, senior citizens, and persons with disabilities. Other programs such as our Mobility Assistance Program, Family Self-Sufficiency Program, and Home Ownership Program are designed to make a positive difference and help participants achieve independence. %%EOF
Rental Assistance Calculation Chart Please see the Area Median Income chart AMI CHART for information on San Diego County income limits. 1 0 obj
The Fair Market Rents are set in the 40th or 50th percentile so that: Each local Public Housing Authority will then use the Fair Market Rent that HUD has set as a guide.