Section 8 Payment Standards 2024 Illinois Usa. Payment standards represent the maximum amount of subsidy that cha can provide a family. The payment standards are the maximum amount of subsidy that the housing authority is allowed to pay on behalf of our clients for rental assistance.

In accordance with the federal regulations, housing authorities set payment standards that are between 90 percent and 110 percent of the small area fair market rents. Fy 2024 rates are effective from october 2023 to september 2024.