Payment Standards by Year Low confidence
Maximum monthly housing assistance payment Town of Waterford will pay on behalf of a Section 8 voucher family, by bedroom size and fiscal year. · Source: annual_plan
| Year | 1 BR | 2 BR |
|---|---|---|
| FY2025 | $3,601 | $8,220 |
Contact & Office
ZIP Codes Served by NY503
Town of Waterford administers Section 8 Housing Choice Vouchers in the following ZIP codes. Click any ZIP to see all PHAs serving it and current payment standards.
27 total ZIPs in service area · and 3 more
About NY503 & the Section 8 Program
Town of Waterford is the HUD-assigned Public Housing Authority code NY503 for Saratoga Springs, New York. 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.
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.