Typically, there are “4” major factors that will influence a rent offer: 1) payment standard, 2) utility allowance, 3) tenant household income and 4) rent reasonableness analysis.
In general, the potential rent offer would be “payment standard minus total utility allowance if that amount is determined to be reasonable for said area”. The clients are required to pay at least 30%, but no more than 40% of their monthly income towards rent and utilities. Depending on the 4 factors listed above further negotiations may be considered.
Please refer to the links below for detailed information
Determining Rent Offer Rev 12/2024
2024 Payment Standards
2024 Utility Allowance Schedule
2025 Payment Standards