Budget Amendment ID: FY2021-S4-393

ECO 393

MRVP Rent Cap

Messrs. Eldridge, Crighton, Moore and Welch, Ms. Chang-Diaz, Mr. Keenan and Ms. Jehlen moved that the proposed new text be amended in section 2, in item 7004-9024, by striking the following words:- “ that notwithstanding any general or special law to the contrary, each household holding a voucher shall pay at least 30 per cent, but not more than 40 per cent, of its income as rent;”  and inserting in place thereof the following words:- "that notwithstanding any general or special law to the contrary, each household holding a voucher shall not pay for rent more than 30 per cent of the monthly adjusted net income of the household; except that households receiving tenant-based assistance under this section may pay more than 30 per cent of the monthly adjusted net income of the household, at their option, in excess of the payment standard for the voucher, provided that this amount may not exceed  40 per cent of the monthly adjusted net income of the household in the first year of occupancy; provided further that the department shall adjust household rent for those paying separately for utilities"