Per Administration Plan, Chapter 8-III.B. WHEN RENT REASONABLENESS DETERMINATIONS ARE REQUIRED - Owner-Initiated Rent Determinations.
After the initial occupancy period, the owner may request a rent adjustment in accordance with the owner’s lease.
For rent increase requests after initial lease-up, HACA may request owners to provide information about the rents charged for other units on the premises. In evaluating the proposed rents in comparison to other units on the premises, HACA will consider unit size and length of tenancy in the other units.
HACA will determine whether the requested increase is reasonable within 10 business days of a “Passed” HQS inspection, or if no inspection is due, within 14 business days of receipt of the request. The owner will be notified of the determination in writing.