How is the rental assistance amount determined for MRVP participants?

The rental assistance amount for MRVP participants is determined based on household income and local housing costs. This approach takes into account the financial circumstances of the household, ensuring that the assistance is tailored to their specific situation. By considering these factors, the program aims to provide equitable support that helps alleviate the burden of housing expenses based on what households can realistically afford in their particular locality. This method encourages a fair distribution of resources and addresses the varying housing costs that can occur in different areas.