About IL054 & the Section 8 Program
Maywood Housing Authority is the HUD-assigned Public Housing Authority code IL054 for Illinois. PHAs administer the federal Housing Choice Voucher program under 24 CFR Part 982, paying the difference between a tenant's contribution (typically 30% of adjusted income) and the unit's contract rent — capped by the PHA's published payment standard.
As a SAFMR-mandated PHA, Maywood Housing Authority uses ZIP-code-level Small Area Fair Market Rents (rather than metro-wide FMRs) to set payment standards, making them more responsive to neighborhood-level rental markets.
For landlords: payment standards are typically set between 90% and 110% of HUD's Fair Market Rent (up to 120% with HUD approval). The PHA's published rate determines the maximum monthly Housing Assistance Payment.