265—24.4(16) Rent subsidy.
- 24.4(1) Use of subsidy. Assistance shall be used for rental expense.
- 24.4(2) Maximum monthly payment for rent. Assistance for rent will be equal to the lesser of the rent paid by the recipient or the current applicable fair market rent as published by HUD for the area where the recipient’s residence is located, less 30 percent of the recipient’s gross monthly income. The fair market rent used will be that for a one-bedroom unit or a proportionate share of the fair market rent in living units containing more than one bedroom. When the recipient resides with one or more qualified dependents, the proportionate share may consist of additional bedrooms, applying the same maximum monthly payment standard.
- 24.4(3) Monthly payment. Recipients approved for rent subsidy payments will receive an ongoing monthly payment equal to the amount determined pursuant to subrule 24.4(2). Payments may be made on behalf of a recipient directly to the recipient’s landlord.
[ARC 8903C, IAB 2/19/25, effective 3/26/25]