(Updated 10/1/2024 ML #3860)
The monthly benefit will be calculated by the computer using the following formula:
The annual estimated cap will be determined by the primary fuel type and pulled from the table provided in the integrated eligibility sytem. That amount will be divided by 12 months to determine the monthly estimated cost of heating. The monthly estimated cost of heating will then be multiplied by the LIHEAP Share Percentage that will be provided from the SMI table (based off the clients income). That total will then be subtracted from the monthly estimated cost of heating to determine the monthly renter benefit.