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The HAPPY Choice Voucher Assistance
Estimator software has been created to help eliminate a difficult
"chicken or the egg" problem associated with the
Choice Voucher Program. Based on HUD's 40 percent rule for
the Housing Choice Voucher Program, a tenant's Total Family
Contribution may not exceed 40 percent of their Monthly Adjusted
Income. Before selecting a specific rental unit, this worksheet
may be used to determine the most expensive Rent to Owner
value allowed for a tenant to assist them in finding a unit
within their price range. This worksheet will also estimate
the subsidy a tenant will receive once the Rent to Owner is
known.
The HAPPY Choice Voucher Assistance Estimator is free software.
It may be used freely by Housing Authorities and other entities
administering the Choice Voucher program. HAPPY Software,
Inc. reserves all rights to the software. This software may
not be reverse engineered, distributed or copied in any way
without written permission from HAPPY Software, Inc. Although
every effort has been made to ensure the accuracy of the calculations
used in this software, HAPPY Software, Inc. assumes no responsibility
for the use of this software.
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