Fillable Printable Notice to Tenants of Intention To Submit a Request to HUD for Approval of an Increase in Maximum Permissible Rents
Fillable Printable Notice to Tenants of Intention To Submit a Request to HUD for Approval of an Increase in Maximum Permissible Rents
Notice to Tenants of Intention To Submit a Request to HUD for Approval of an Increase in Maximum Permissible Rents
Notice to Tenants of Intention to Submit a Request to MHDC/HUD for Approval of
an Increase in Maximum Permissible Rents
[Date of Notice]
Take notice that on [date] we plan to submit a request for approval of an increase in the
maximum permissible rents for [name of apartment complex] to the Missouri Housing
Development Commission (MHDC) as contract administrator for the United States Department of
Housing and Urban Development (HUD). The proposed increase is needed for the following
reasons: ______________, _________________, ______________, and ________________.
The rent increases for which we have requested approval are:
Number of
Bedrooms
Present Rent Proposed Increase Proposed Rent
Basic Market Basic Market Basic Market
$ $ $ $ $ $
$ $ $ $ $ $
$ $ $ $ $ $
$ $ $ $ $ $
$ $ $ $ $ $
$ $ $ $ $ $
1 Separate columns for basic and market rent should be used only for projects assisted under sec. 236 cf the National
Housing Act. In addition, in projects with more than 1 type of apartment having the same number of bedroom but different
rents, each type should be listed separately.
A copy of the materials that we are submitting to MHDC in support of our request will
be available during normal business hours at [address] for a period of 30 days from the date of
service of this notice for inspection and copying by tenants of [name of apartment complex]
and, if the tenants wish, by legal or other representatives acting for them individually or as a
group.
During a period of 30 days from the date of service of this notice, tenants of [name of
apartment complex] may submit written comments on the proposed rent increase to us at
[address]. Tenant representatives may assist tenants in preparing those comments. (If, at
MHDC's request or otherwise, we make any material change during the comment period in the
materials available for inspection and copying, we will notify the tenants of the change or
changes, and the tenants will have a period of 15 days from the date of service of this additional
notice (or the remainder of any applicable comment period, if longer) in which to inspect and copy
the materials as changed and to submit comments on the proposed rent increase). These
comments will be transmitted to MHDC, along with our evaluation of them and our request for the
increase. You may also send a copy of your comments directly to MHDC at the following address:
Missouri Housing Development Commission, 4625 Lindell Blvd., Suite 300, St. Louis, MO 63108,
Attention: Contract Renewal, Re: [Name of Apartment Complex].
MHDC will approve, adjust upward or downward, or disapprove the proposed rent
increase upon reviewing the request and comments. When MHDC advises us in writing of its
decision on our request, you will be notified. If the request is approved, any allowable increase
will be put into effect only after a period of at least 30 days from the date you are served with that
notice and in accordance with the terms of existing leases.
[Name of mortgagor or managing agent]
