Payment Standards

Using Small Area Fair Market Rent effective 4-1-2018
Owner Notification of Changes In Payment Standards
Effective 4/1/2018

RE: Notice of changes in payment standard for the Housing Choice Voucher program
 
Dear Owner/Representative
 
Beginning on 4/1/2018, the Housing Authority of Pompano Beach (HAPB) will be using a new method to calculate the amount of money we will pay towards rent and utilities for each family in our Housing Choice Voucher program.This new approach is required by the U.S. Department of Housing and Urban Development (HUD) for all public housing agencies that administer vouchers in Broward County area.
Under the new approach, the Housing Authority of Pompano Beach will no longer use Fair Market Rents (FMRs) for the entire metropolitan area to determine the payment standard that reflects the maximum amount of assistance we will pay toward rent and utilities.
 
Effective 4/1/2018, HAPB will switch to FMRs established at the ZIP code level, which are known as Small Area Fair Market Rents (SAFMRs). The use of multiple payment standards will allow us to provide rental assistance at levels that more accurately reflect the rents charged in individual neighborhoods.

Please refer to the links below to see the payment standard effective as of 4/1/2018 or 11/1/2018, and the amount the payment standard will increase or decrease for each of the ZIP codes in which you own properties occupied by HCV families:

                                                             Click here to view the Payment Standards chart effective 4/1/2018 
                                                               Click here to view the Payment Standards effective 11/1/2018


If payment standards will be reduced in ZIP codes where you own properties and rent units to voucher families, the Housing Assistance Payment (HAP) you receive from the HAPB may go down and the tenant may be responsible for a larger share of the rent.  Please be mindful of this shift as you consider changes to the rent in the future.

If payment standards will increase in ZIP codes where you own properties and rent units to voucher families, the portion of the rent for which the tenant is responsible may be reduced if they are paying more than 30 percent of their income for rent and utilities. Please be aware that all HAP contracts will remain subject to rent reasonableness determinations.
 
The new payment standards will be immediately effective for any new HAP contracts that become effective on or after 5/1/2018. The revised SAFMRs and payment standards will be used to calculate HAP amounts for these households.

Families currently under HAP contract will not be subject to any applicable reductions in payment standard until their second annual reexamination after the date of the reduction.  Any changes in your current tenants’ HAP and total tenant payment will be clearly communicated to you at least thirty (30) days in advance of the effective date.

If you have questions about what this change means for you or would like additional information, please contact our office at 954-785-7200.

 
Housing Authority of Pompano Beach