Letters To Owners/agents - Hud printable pdf download

Letters To Owners/agents - Hud

Letters to Owners/Agents

Option 1 and 3

<<Name>>

<<Date>>

<<Company>>

<<Address>>

SUBJECT:

Automatic OCAF Rent Increase

<<Project name>>

<<Contract number>>

Rent Comparability Study Expires: <<Date>>

Dear <<Owner/Agent>>:

<<Project name>> is in a multi-year Housing Assistance Payments Contract and, as such, is

eligible for an automatic OCAF rent increase to become effective <<Rent Increase Effective Date>>.

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 <<Project name>> 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 you are requesting be applied in the upcoming contract

funding 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 the attached automatic OCAF rent increase.

I elect the attached automatic OCAF rent increase, and am submitting a Utility Analysis

and recommendation for a change to the Utility Allowances.

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 (Not available for Option 3).

Other:__________________________________________________________________

_______________________________________________________________________

Form HUD-9626

Letters To Owners/agents - Hud