Contract Renewal Request Form - Multifamily Section 8 Contracts Page 6
Download a blank fillable Contract Renewal Request Form - Multifamily Section 8 Contracts in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Contract Renewal Request Form - Multifamily Section 8 Contracts with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12RENEWAL WORKSHEET FOR OPTION TWO
Requesting Subsequent Renewal of Contract At or Below Comparable Market Rent
I hereby request a SUBSEQUENT RENEWAL of my Section 524 contract without restructuring and
(Please select one of the following):
My Rent Comparability Study is less than five years old. I request that the contract rents be adjusted
by the currently published OCAF.
The date of my Rent Comparability study is _____________________.
I am submitting the OCAF Adjustment Worksheet (Form HUD 9625).
My Rent Comparability Study is less than five years old. I request a budget-based rent adjustment.
The date of my Rent Comparability Study is _______________________.
I am submitting an attached budget, which reflects the projected costs for the first 12
months covered by the renewal contract.
I have abided by the requirements in 24 CFR 245 regarding tenant notification of a
proposed rent increase.
The attached budget and rent schedule was available to tenants upon their request.
My Rent Comparability Study is five years old. I request that the contract rents be adjusted by the
currently published OCAF.
I am submitting a new Rent Comparability Study.
New Comparable Market Rent Potential ______________________________
Comparable Rent Potential from original RCS____________________________
Year
OCAF
Prior Year Adjusted Rent
Adjusted Rent potential
(I)
Potential (I x III)
(III)
OCAF year __ *
OCAF year __
OCAF year __
OCAF year __
New Comparable Market Rent Potential________________________________
Rent Potential Based on Attached Budget ____________________________
* Use the Comparable Rent Potential from original RCS (for Column 2) to find the Adjusted Rent
Potential.
I am submitting the comparison chart from the Option Two Initial Renewal Request that
reflects the results of the study and compares them to the expiring Section 8 units in my
project.
I am submitting the OCAF Adjustment Worksheet (Form HUD 9625).
6
form HUD-9624 (7/2008)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Business