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TMHA to Increase Payment Standards on September 1st, 2007
The amount of subsidy paid is dependent on the Payment Standard for the family. ThePayment Standard
is the bedroom size amount that is supposed to represent the monthly rent, including the cost of
utilities (except telephone and cable), that must be paid in our housing market to
rent privately-owned, decent, safe and sanitary housing of an average type.
The Payment Standard for the family is determined by the number of people in the
family and the family make-up.
Current Payment Standards are:
Bedroom Size:
| 0 | 1 | 2 | 3 | 4 |
| 369 | 431 | 569 | 720 | 742 |
The New Payment Standards
Starting September 1st, 2007 will be:
| 0 | 1 | 2 | 3 | 4 |
| 381 | 445 | 587 | 743 | 779 |
The reason for increasing the Payment Standards is to account for inflationary
increases in the cost of rents, and to give our Voucher holders who are searching
for units a better chance to locate an affordable unit.
A recent action which allowed for the increase in Payment Standards is HUD’s Final
Funding Notice for 2007. Even though it’s half way through the year,
Congress and HUD had not finalized this funding, leaving TMHA and other housing
authorities in a state of limbo. Now that the final numbers are out, TMHA has more
funding to use, thereby allowing the increase in Payment Standards which will have
the effect of increasing the HAP subsidy on new units, and on current units as they
recertify.
Direct Deposit Update
The past two months we have reported in the Owner Update a move
to direct deposit of HAP checks. The players are now almost in place.
We plan to implement direct deposit for those owners who have completed
the account authorization form by the September payment.
In the next week, Owners will receive the Account Authorization form in the mail.
As soon as it is completed, return it to TMHA. The letter will relay
instructions. We have had positive comments from Owners regarding this change. One of the best advantages is that the HAP payment is available to Owners faster via ACH electronic transfer.
Landlords—Notify TMHA of Your Available Rental Units
Tuscarawas MHA will be glad to assist landlords in renting their available rental units to prospective
TMHA tenants. All landlords need to do is to telephone our office at (330) 308-8099 and provide us
with some information about the rental unit which is available. Generally, we will
want to know the address of the unit, what you are asking for in rent, how many
bedrooms are contained in the unit and the landlord contact information. TMHA will
then add this information to our current available units list. This list is
distributed to all TMHA Voucher Holders who ask for it. These folks are the
ones who are interested in finding new places to rent at the current moment.
So, if you have a rental unit that is currently available and you want some free
assistance in trying to find a prospective tenant, take just a moment and call
TMHA to have your unit added to the list of currently available rental units!
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