HUD HCV Guidebook § 6.3

Payment Standard and HAP Calculation (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 § 6.3
The payment standard for a cooperative housing unit is the payment standard for units of the same bedroom
size on the PHA’s payment standard schedule.

43 24 CFR § 982.619(b)(1)
44 24 CFR § 982.619(d)(2)
45 24 CFR § 982.619(d)(2)
46 24 CFR § 982.619(d)(2)

The HAP for a cooperative housing unit is the lower of the PHA’s payment standard minus the TTP or the gross
rent (carrying charge plus any utility allowance), minus the TTP. In cooperative housing, the rent to owner is the
monthly carrying charge under the occupancy agreement/lease between the member and the cooperative.
The monthly carrying charge includes the member’s share of the cooperative debt service, operating
expenses, and necessary payments to cooperative reserve funds. The carrying charge does not include down-
payments or other payments to purchase the cooperative unit or to amortize a loan made to the family for this
purpose.
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

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