EHA is requesting a waiver that will implement two payment standards: a market rate payment standard, and a separate affordable housing payment standard that will apply to low-income housing tax credit units (other than those owned or controlled by a PHA) with an income set-aside of 60% AMI or less. This will only apply to tenant-based voucher tenancies, not tenancies under the project-based voucher program. For the upcoming fiscal year, EHA will set the affordable payment standard at 90% of the metro area fair market rent for each
bedroom size. EHA will review fair market rents annually in comparison to 60% area median income tax credit limits when setting the affordable housing payment standard.