HUD-9630 Request to Renew Using FMRs as Market Ceiling

Attachment 9-7a

Request to Renew Using FMRs as Market Ceiling
Project Name: __________________

Project No: ______________

Contract No(s): ___________

I am requesting to renew the above Section 8 contract(s) under Option 2 of Notice 99-36 using 75% of FMRs as a market
rent ceiling instead of performing a Rent Comparability Study. I believe both the current and proposed Section 8 rents are
below market rents for similar units in the Section 8 project’s market area.
FMRs used below are from FMR schedule published in ___________ for ___________________, the county or MSA
where project is located. Proposed rents were calculated using the OCAF/ budget procedures from Attachment 4 of Notice
99-36. The OCAF/ budget worksheet is attached.
Increase factor from 99-36’s Attmt 4:
1

2

3

Units Renewing
Unit Type

# of
Units

4

Complete columns 1-4, 6 and 9. Spreadsheeet will compute the
5

6

Sec 8 Contract Rent
Sq.
Ft.

Current

7

8

9

Sec 8 Gross Rent

Utility
Proposed
Current
(col 4 x factor) Allowance (Cols 4 + 6)

Proposed
(Cols 5 + 6)

Both current & proposed potential must be < 75% of FMR potential.

10

11

12

Sec 8 Gross Potential
FMR

Current Proposed
(Cols 2 x 7) (Cols 2 x 8)

FMR
(Cols 2

Total
75% of FMR pot'l

I certify this table is accurate to the best of my knowledge and belief.

Total/ FMR Pot'l

Warning: If you knowingly make a false statement on this form, you may be subject to civil penalties under Section
1001 of Title 18 of the United States Code. In addition, any person who knowingly and materially violates any
required disclosure of information, including intentional non-disclosure, is subject to civil money penalty not to exceed
$10 000 f
h i l ti
_____________________________
Owner Name

01/15/08

_________________________
Owner Signature

_______
Date