HUD-9627 Amend Rents Auto OCAF Part B

Section 8 Contract Renewal Policy – Guidance for the Renewal of Project-Based Section 8 Contracts

9627

Section 8 Contract Renewal Policy – Guidance for the Renewal of Project-Based Section 8 Contracts

OMB: 2502-0587

Document [pdf]
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Letters to Owners/Agents
Option 2 and 4

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> SUBJECT: <> Automatic OCAF Rent Increase <> <> Rent Comparability Study Expires: <> Dear <>: <> is in a multi-year Housing Assistance Payments Contract and, as such, is eligible for an automatic rent increase to become effective <>. The rent increase factor is <<0.00>>. The debt service amount used in the calculation of new rents is<<0.00>>. Should you elect this rent increase, the new rents for <> will be as indicated on the attached Exhibit A. Complete, execute and return three (3) forms HUD-92458 Rent Schedule Low Rent Housing to your HUD/PBCA within 10 days of receipt of this package. Indicate below which rent increase option is to be applied in the upcoming contract year. Complete the Project information section that follows, and return this Notice and any attachments to your HUD/PBCA within 10 days of receipt of this package (check one). I elect to receive the attached automatic rent increase. I elect to receive the attached automatic rent increase, and am submitting a Utility Analysis and recommendation for a change to the Utility Allowances. Supporting documentation is enclosed. I request a zero budget-based rent adjustment in lieu of the OCAF adjustment and understand that this will result in renewed funding at current rents. I further understand that the OCAF adjustment for this year may not be recouped retroactively in the future. If applicable, I am submitting a Utility Analysis and recommendation for a change to the Utility Allowances. My signature on this letter certifies that I have reviewed the project’s income and expenses and they are at levels that will enable me to continue to provide decent, safe and sanitary housing. I request a Budget Based Rent Increase for the upcoming contract year. The required documentation for this rent increase is enclosed. If applicable, I am submitting a Utility Analysis and recommendation for a change to the Utility Allowances. Other:__________________________________________________________________ _______________________________________________________________________ I (We) hereby certify that the debt service amount of <<0.00>> and the non-section 8 rent potential amount of $___________ is true, accurate and complete to the best of my (our) knowledge and belief. Project Name: __________________________________________________________ Owner Name: __________________________________________________________ Owner Signature: ________________________________________Date:______________ Should you have any questions, please contact our office. It is very important that you send your response to the attention of _______________ . <> <> OMB Control #2502-0587 Exp. (09/30/2014) “Public reporting burden for this collection of information is estimated to average .50 hours. This includes the time for collecting, reviewing, and reporting the data. The information is being collected for purposes of determining rent adjustments and will be used for estimating new rents. Response to this request for information is required in order to receive the benefits to be derived. This agency may not collect this information, and you are not required to complete this form unless it displays a currently valid OMB control number. No confidentiality is assured.” Privacy Act Notice: The United States Department of Housing and Urban Development, Federal Housing Administration, is authorized to solicit the information requested in the form by virtue of Title 12, United States Code, Section 1701 et seq., and regulations promulgated thereunder at Title 12, Code of Federal Regulations. While no assurance of confidentiality is pledged to respondents, HUD generally discloses this data only in response to a Freedom of Information Act request. </pre><Table class="table"><tr><Td>File Type</td><td>application/pdf</td></tr><tr><Td>File Title</td><td>Needs Statement Plan</td></tr><tr><Td>Author</td><td>CHM Team</td></tr><tr><Td>File Modified</td><td>2014-01-20</td></tr><tr><Td>File Created</td><td>2012-08-28</td></tr></table></div></div></div><hr> © 2024 OMB.report | <a href="/privacy_policy.php" rel="nofollow">Privacy Policy</a> <hr > </div> </body> <script defer async src="/js/instant.page.3.0.0.js" type="module" data-cfasync="false"></script> </html>