U.S. Housing Consultants
can assist your property in preparing for your contract renewal for Section 8 Properties. USHC will complete the HUD 9624
Contract Renewal Form, the HUD-9625 OCAF Adjustment Worksheet, and the 92457-A Budget Worksheet.
Are you receiving the rent amount sufficient
for your property? Are your rents so low that your property is not functioning to its fullest potential?
Are you getting as much out of your HUD Contract
as you could?
You
may be eligible for a larger rent increase by utilizing a budget based rent increase instead of taking the OCAF adjustment
(see the OCAF Level in your state by clicking here). OCAF Adjustments are only increasing rent rates by an average of 3-5%,
and this rent may not be sufficient to cover your basic operations, as the cost of operating properties has increased quickly
ahead of OCAF rates.
· Budget Based Rent Increase and Contract
Renewal
· Contract Renewal and OCAF Adjustment
·
Mark to Market Rent Restructuring
We can also assist you in preparing your budget and rent increase requests for
a 202/811 PRAC, ensuring that your submission package will be accepted with as little argument as possible.
·
HUD Form 9624 Contract Renewal Form
· HUD
Form 9625 OCAF Adjustment Worksheet
· HUD Form 92457-A Budget Worksheet
·
Notice of Rent Change to Residents and Request for Comment
·
Summary of Resident Comments (If Any)
· Cover
Letter for Budget Based Rent Increase with Line Item Explanation