N.Y. Public Housing Law § 612: Monthly assistance payment

* § 612. Monthly assistance payment. 1. The amount of the monthly

assistance payment with respect to any dwelling unit shall be the

difference between the maximum monthly rent which the contract provides

that the owner is to receive for the unit and the rent the individual or

family is required to pay under section six hundred eleven of this

article.

2. The commissioner shall establish maximum rent levels for different

sized rentals in each rental area in a manner that promotes the use of

the pilot program in all localities based on the fair market rent of the

rental area. Rental areas shall be determined by the commissioner. The

commissioner may rely on data or other information promulgated by any

other state or federal agency in determining the rental areas and fair

market rent.

3. The payment standard for each size of dwelling unit in a rental

area shall not be less than ninety percent and shall not exceed one

hundred twenty percent of the fair market rent as defined in section six

hundred five of this article for the same size of dwelling unit in the

same rental area, except that the commissioner shall not be required as

a result of a reduction in the fair market rent to reduce the payment

standard applied to a family continuing to reside in a unit for which

the family was receiving assistance under this article at the time the

fair market rent was reduced.

* NB Expires May 1, 2030