Loading...
HomeMy WebLinkAbout97-019 . . . RESOLUTION 97-19 A RESOI"UTION OF MOHA VE COUNTY BOARD OF SUPERVISORS APPROVING ANNUAL AD.mSTMENTS TO THE PAYMENT STANDARD SCHEDULE FOR THE SECTION 8 VOUCHE:R PROGRAM WHEREAS, US Housing and Urban Development requires Mohave County Housing Authority to establish Payment Standard which is the amount used to calculate housing assistance a family will receive in the Section 8 Voucher Program; and WHEREAS, Mohave COlmty Housing Authority must establish a separate: payment standard amount by unit size for its jurisdiction; and WHEREAS, the Code of Federal Regulations (CFR) 24 SUBPART H Section 887.351 provides that each payment standard amount on the schedule may not be more than the published Fair Market Rent Section 8 Existing Housing (Certificate Program); and WHEREAS, the adopted payment standard may not be less than 80% of the published Fair Market Rent Section 8 Existing Housing (Certificate Program); and WHEREAS, Mohave County Housing Authority, in its discretion, may adopt annual adjustments ofthe payment standards amounts so that families can continue to afford to lease units with assistance under the Section 8 Housing Voucher program. NOW, THEREFORE, BE IT RESOLVEH that Mohave County Board of Supervisors approves the FY 1997 Payment Standard Schedule as attached which conforms to BUD regulations contained in the Code of Federal Regulation (CFR) 24 Subpart H~ and FIJRTHER, BE IT RESOLVED that Mohave County Board of Supervisors authorizes staff to make the automatic annual adjustments to the;: Payment Standard Schedule which reflects amounts not less than 80% of, but not more than, the published Fair Market Rent Section 8 Existing Housing (Certificate Program). PASSED, APPROVED AND ADOPTED on January 6, 1997 by Mohave County Board of Supervisors sitting in its capacity as Mohave County Housing Authority Board of Directors. MOHA VE COUNTY BOARD OF SUPERVISORS _l~?/a~ CHAIRMAN APPROVED AS TO Fj)RM: /'./ -? ./ ATTORN~ "..,,-