The rent amount that OHFA will pay on a client’s behalf is determined by income and the Payment Standard.
Income information is shown on the client’s Voucher Cover Letter. Refer to this information when completing the Rent Estimate Calculator. OHFA pays directly to the owner/landlord the difference between the family’s portion and the rent to the owner.
The family’s share of rent cannot exceed 40% of their monthly adjusted income on a new unit and must be rent-reasonable as determined by OHFA.
Rent amounts are not guaranteed and Payment Standards and Utility Allowances are subject to change. This calculator estimates the family’s initial rent amount and if the asking rent for the unit is affordable for the family.
Final rent amounts will be determined by OHFA staff in accordance with HUD requirements.
Use the calculator to estimate the housing assistance and your rent. Amounts are determined when signing the contract.