What is the tenant's share of rent known as in the HCV program?

In the Housing Choice Voucher (HCV) program, the tenant's share of the rent is referred to as the Total Tenant Payment (TTP). The TTP is a calculated amount that represents the portion of the rent that the tenant is responsible for paying out of their own income after adjustments for any allowable deductions, such as for dependents or medical expenses.

The TTP is a critical element in determining the affordability of housing for tenants receiving assistance, as it ensures that their contributions are based on their financial capacity. Understanding this concept is essential for HCV specialists as it directly impacts how to manage housing payments and assist tenants effectively.

Other terms like "tenant portion of rent," "housing contribution," or "rental share" may describe similar concepts, but in specific regulatory terms and documentation within the HCV program, Total Tenant Payment is the recognized terminology that encapsulates the calculated financial obligation of tenants.