Payment Standards by Year Low confidence
Maximum monthly housing assistance payment Neptune Housing Authority will pay on behalf of a Section 8 voucher family, by bedroom size and fiscal year. · Source: annual_plan
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| FY2024 | $9,731 | $4,910 | $2,020 | $2,020 | $7,501 |
Contact & Office
ZIP Codes Served by NJ048
Neptune Housing Authority administers Section 8 Housing Choice Vouchers in the following ZIP codes. Click any ZIP to see all PHAs serving it and current payment standards.
52 total ZIPs in service area · and 28 more
About NJ048 & the Section 8 Program
Neptune Housing Authority is the HUD-assigned Public Housing Authority code NJ048 for Neptune, New Jersey. 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, Neptune 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.