Section 8 Payment Standards 2024 Farrell Payment Standards . The increase will take effect on january 1, 2024. For those families who move to a new unit on or after january 1, 2024, the smha will use the new, higher payment standard amounts based on zip code to.
A payment standard is the maximum monthly assistance given to a section 8 voucher family. Payment standards are used to calculate how much rent subsidy the lacda can pay an owner on behalf of a section 8 tenant.
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