HUD HCV Guidebook § 3.2

The family share is the family’s contribution toward the gross rent. It is the family’s portion of the
rent to owner plus the applicable utility allowance for the unit, if any. The family share may be the
TTP or a higher amount, depending on the unit the family selects. For a family leasing a unit with a
gross rent at or below the payment standard, the family share will equal the TTP.

The family share is calculated by subtracting the HAP paid by the PHA from the gross rent. As
explained in Section 2.4 - Maximum Rent Burden at Initial Occupancy, the family share must23 not
exceed 40 percent of the family’s monthly adjusted income when the family initially moves into the
unit or signs the first assisted lease for a unit.

Although it is important for families to understand this concept while searching for housing, the
family share cannot be calculated until a unit is selected.

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     24 CFR 982.508