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Memorandum February 5, 2002: Fact Sheets for Project-Based Assistance Programs

Section 236 Rent Formulas:

HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs · 2026 edition · updated 2026-10-05 · United States

All Section 236 Projects have a minimum rent (Basic Rent) and a maximum rent (Market Rent). Section 236 with NO Utility Allowance; the higher of:

  • 30% of the family’s monthly adjusted income

  • Basic Rent

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▸Contents — HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs

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