RR
Rent Regulations

HUD HCV Guidebook § 3.2

Rounding the Payment Standard (HUD HCV Guidebook)

HUD guidance — not codified law
In Force
Verified 9/25/2026 · Next check 10/2/2026
effective 9/25/2026FederalSection 8 HCV

Operative Text

HUD HCV Guidebook § 3.2
The normal rounding rules will generally apply when determining the payment standard amount from the FMR.
However, while rounding the payment standards to a whole dollar amount, the PHA must ensure that the
rounded figures are within the basic range. For example, assuming that the applicable FMR is $798:
        •   110% of $798 is $877.80. The PHA may not round the payment standard to $878 as this
            exceeds 110% of FMR. The payment standard must be rounded down to $877.
        •   90% of $798 is $718.20. The PHA may not round the payment standard down to $718 since this
            is less than 90% of FMR. The payment standard must be rounded up to $719.
Source: Legislative text reproduced verbatim

Effective Timeline

Current
Sep 25, 2026
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Related Rules

§ 888.113
§ 888.113 Fair market rents for existing housing: Methodology.
§ 888.115
§ 888.115 Fair market rents for existing housing: Manner of publication.
§ 5.512
§ 5.512 Verification of eligible immigration status.

Source Information

Source:https://www.hud.gov/sites/dfiles/PIH/documents/HCV_Guidebook_Payment-Standards_June-2025_final.pdf
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