New Payment Standards Effective January 1, 2027

IMPORTANT NOTICE REGARDING YOUR PAYMENT STANDARD AND HCV PROGRAM FUNDING

To All Housing Choice Voucher Clients:

This letter is to inform you that the Punta Gorda Housing Authority (PGHA) is experiencing critical funding shortage in the Housing Choice Voucher (HCV) Program.  To prevent a severe program shortfall and ensure continued assistance for all program families, PGHA has received a waiver from the U.S Department of Housing and Urban Development (HUD) to implement cost saving measures.   This is in accordance with HUD Public Indian Housing Notice 2025-28.

As part of the approved measures, PGHA has received a regulatory waiver from HUD to modify and decrease payment standards effective January 1, 2027.   This waiver allows PGHA to institute lower payment standards effective immediately without the regulatory 12-month notice due to this emergency action.

PGHA has decreased the payment standards from to 90%.    This decrease in the Payment standard may change the calculation of the Housing Assistance Payment (HAP) to your landlord and your share of rent.   

This letter is a notice of the policy change.  You will receive a separate Rent Change Notice detailing your specific new tenant rent and the housing authority's updated Housing Assistance Payment (HAP) share after your file has been updated.