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NYCHA sets the household’s rent at either 30% of the household’s adjusted gross income or the flat rent, whichever is lower. Some tenants may have additional charges (such as fees for washing machine or air conditioners) or credits (for
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Calculate the Gross Rent (Total Cost of Housing) . The gross rent is the entire monthly housing cost and is calculated by adding the rent paid to the owner (by both the tenant and PHA) and the utility allowance for the unit.
The following guide provides a quick reference on the various factors that impact rent calculations at Housing Preservation and Development (HPD) and New York City Housing Authority (NYCHA) (also referred to as Public Housing Agencies, or PHAs).
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To calculate, simply divide your annual gross income by 40 - if you make $120,000 a year, you can spend $3,000 on rent. An equivalent is the 30% rule, meaning that you can put 30% of your annual gross income in rent.
NYCHA public housing residents pay 30% of their income or their Public Assistance shelter allowance towards rent. If a family’s income rises above NYCHA’s income limits during their tenancy, the household can stay in NYCHA housing but will pay the full NYCHA rent.
