HUD-9630 (2023) Request to Renew Using FMRs as Market Ceiling

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

2022 HUD-9630

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

OMB: 2502-0587

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OMB Control Number 2502–0587
form HUD–9630; exp. XX/XX/XXXX

Request to Renew Using Small Area Fair Market Rents (SAFMRs) as Market Ceiling

This form is used for the renewal of Section 8 Housing Assistance Payments contracts as authorized under the Multifamily Assisted Housing Reform and Affordability Act of 1997 (MAHRA), 42 U.S.C. § 1437f note. The public reporting burden for completing this form is estimated to average 30 minutes per response, including the time for reviewing instructions, searching existing data sources, and gathering and maintaining the data needed. HUD may disclose certain information to Federal, State, or local agencies when relevant to civil, criminal, or regulatory investigations and prosecutions. The information collected is required to obtain benefits. Information collected will not otherwise be disclosed or released outside of HUD, except as required and permitted by law. HUD may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number.

Project name:

Contract No(s).

Project No.

I am requesting to renew the above Section 8 contract(s) under Option 2 of the Section 8 Renewal Policy Guidebook using 90% of SAFMRs (or FMRs if the project is not in a SAFMR area) as a market rent ceiling instead of performing a Rent Comparability Study. I believe both the current and proposed Section 8 rents are below market rents for similar units in the Section 8 project’s market area.

SAFMRs/FMRs used below are from the FMR schedule published on _______ (mm/dd/yyyy) for ______________, the ZIP code, county, or MSA in which the project is located. Proposed rents were calculated using the OCAF/budget procedures from Chapter 4 of the Section 8 Renewal Policy Guidebook. The OCAF/ budget worksheet is attached. (Complete columns 1 through 4, then make calculations as indicated.)

Increase factor from Chapter 4: ______________


1

2

3

4

5

7

8

9

10

11

12

Units Reviewing

Sec 8 Contract Rent

Section 8 Gross Rent

Section 8 Gross Rent

Unit Type

# of Units

Sq. Ft.

Current

Proposed

(Col. 4 x factor)

Current
(Cols. 4+6)

Proposed
(Cols. 5+6)

SAFMR/

FMR

Current
(Cols. 2 x 7)

Proposed
(Cols. 2 x 8)

SAFMR/

FMR Potential
(Col. 2 x 9)









































Totals










90% of Total FMR Potential1


I/We, the undersigned, certify under penalty of perjury that the information provided above is true and accurate. WARNING: Anyone who knowingly submits a false claim or makes a false statement is subject to criminal and/or civil penalties, including confinement for up to 5 years, fines, and civil and administrative penalties. (18 U.S.C. §§ 287, 1001, 1010, 1012; 31 U.S.C. §§ 3729, 3802)


Owner name (print or type)


Owner signature


Date (mm/dd/yyyy)

1 Both the current total and the proposed total must be less than 90 percent of the total SAFMR or FMR potential.

1

File Typeapplication/vnd.openxmlformats-officedocument.wordprocessingml.document
File TitleMicrosoft Word - 9630 .Oct2020.docx
AuthorH23456
File Modified0000-00-00
File Created2023-08-30

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