Payment standard definition

Payment standard means the standard upon which family independence program assistance benefits are based.
Payment standard means the maximum monthly assistance payment for a family assisted in the voucher program before deducting the total tenant payment by the family.
Payment standard means the total needs of a group as determined by adding need according to the schedule of basic needs, described in 441—subrule 41.28(2), to any allowable special needs, described in 441—subrule 41.28(3).

Examples of Payment standard in a sentence

  • In no event shall the department issue a benefit payment when, after the prorating required pursuant to subdivision (3) of this subsection, the total benefit amount is less than one dollar.(b) Payment standard.

  • Payment standard is defined as “the maximum monthly assistance payment for a family assisted in the voucher program (before deducting the total tenant payment by the family)” [24 CFR 982.4(b)].

  • Payment standard - The maximum monthly assistance payment for a family before deducting the Total Tenant Payment by a family.

  • If the Customer fails to specify the preferred type of Payment (standard, urgent, or Express), the Payment order shall be performed as a Standard Payment.3.10.

  • Payment standard changes as a result of a change in the FMRs should be finalized (within 3 months of the new FMRs being published).


More Definitions of Payment standard

Payment standard means the total need of the eligible group. It is determined by adding the total needs of a group (based on Schedule of Basic Needs) to any allowable special needs.
Payment standard means the amount specified in rules adopted under section 5107.05 of the Revised Code that is the maximum amount of cash assistance an assistance group may receive under Ohio works first from state and federal funds.
Payment standard means the Fair Market Rent (FMR), as established by the U.S. Department of Housing and Urban Development for the Appropriately Sized rental unit multiplied times 1.1. Providers may request advance Department approval to multiply the FMR by up to 1.2 if acceptable documentation is submitted to the Department showing that the higher rent is needed for Eligible Households to secure Replacement Rental Units. The Department may also use the 1.2 factor if it makes a finding that the higher rent is needed for Eligible Households to secure Replacement Rental Units. The FMR can be found here: http://www.hcd.ca.gov/financial-assistance/home-investment- partnerships-program/docs/home-rent-limits-2015-effective%206-1-2015.pdf. The Payment Standard is limited to the regulated rent in a government regulated housing unit.
Payment standard means the amount of money from which net income is subtracted to calculate the monthly benefit amount.
Payment standard means the amount determined by the LACDA that is
Payment standard means the standard upon which family independence program benefits are based if the family independence assistance group has no net income.
Payment standard means a range from the current fair market rent to 125 percent of the fair market rent, as determined by the administrator based on bedroom size and the housing market of the municipality.