Form 5880 Form 5880 Flat Rent Exception

Public Housing Flat Rent Exception Request Market Analysis

Updated - Form 5880 - PH Flat Rent Exception Final.xlsx

Public Housing Flat Rent Exception Request Market Analysis

OMB: 2577-0290

Document [xlsx]
Download: xlsx | pdf

Overview

Rent Adjustment Guide
Utilities Guide
Market Rent Guide
Rent Adjustment Worksheet
Utilities Worksheet
Studio
1 BR
2 BR
3 BR
4 BR
5 BR
6 BR
Justifications
Summary Sheet


Sheet 1: Rent Adjustment Guide



























Category Adjustment in Dollars



Year Built/Renovated (dollar per year) $0.65

0 1 AL






Difference in Area (per 10 SF) $1.00

1 Input AK






Per Half Bath $10.00

2 2 AR






Per Full Bath $17.00

In each applicable category, input desired adjustments amount.
AS





Dishwasher $3.00

4 3 AZ




Disposal $2.00

5
CA




Washer/Dryer in Unit $12.00



CO




On Site Laundry Room $7.00



CT




Washer/Dryer Hook-up $10.00









A/C Central $18.00



DE




A/C Thru Wall/Window $13.00



FL




Carpet $3.00



GA






Window Coverings (Drapes or Blinds) $4.00



GU






Extra Storage $6.00



HI





Fireplace $3.00



ID




Parking $20.00



IL




Pool $6.00









Recreation Area or Fitness Facility $7.00



IN




Club House or Common Area $4.00



IA




Balcony, Terrace, or Patio $6.00



KS




Internet (included in Rent) $18.00



LA




Pest Control in Rent $10.00



MN






Additional Bedroom $50.00



MS






Proximity to Public Transportation $15.00



MO






PHA write-in (if applicable) $0.00



NE






PHA write-in (if applicable) $0.00



NV












NH












NJ












NM

































Sheet 2: Utilities Guide







































Utilities included in Rent











Electric in Rent Gas in Rent Water/Sewer in Rent Garbage in Rent






Studio $50.00 $30.00 $40.00 $10.00






1 Bedroom $52.50 $62.50 $72.50 $12.25






2 Bedroom $55.00 $65.00 $75.00 $14.50






3 Bedroom $57.50 $67.50 $77.50 $16.75






4 Bedroom $60.00 $70.00 $80.00 $19.00






5 Bedroom $62.50 $72.50 $82.50 $21.25






6 Bedroom $65.00 $75.00 $85.00 $23.50










































Total Utility Allowance









Dollars






Studio $80.00






1 Bedroom $85.00






2 Bedroom $95.00






3 Bedroom $100.00






4 Bedroom $110.00









5 Bedroom $115.00









6 Bedroom $120.00










Sheet 3: Market Rent Guide



Estimates of Market Rent by Comparison HUD Form 5880







U.S. Department of Housing and Urban Development OMB Approval No. 2577-0290

Office of Public and Indian Housing










(exp. 6/30/2022)
















1 Sample Housing Authority









Date of Analysis 7/18/2019 2-Bedroom Market Analysis

2 PHA Subject Property Comparable #1 Comparable #2 Comparable #3







Sample Property SA000001 123 A Street 456 B Street 789 C Street







Sample City Sample County SA Sample City, SA Sample City, SA Sample City, SA







Actual Rent for Comparable Units ($) $525 $450 $650







Unit Type Select Unit Type Apartment Duplex Apartment









Check to confirm unit is unsubsidized
















Category Data Data Adjustments ($) Data Adjustments ($) Data Adjustments ($)







- + - + - +







A. Unit Information







3 Year Built/Renovated 1965 1990 -16
1987 -14
2011 -30








4 SF Area 800 920 -12
1,000 -20
1,100 -30








5 Number of Bathrooms 1 1 0 0 1 0 0 1 0 0







6 Dishwasher N N 0 0 N 0 0 Y -3 0







7 Disposal N Y -2 0 N 0 0 Y -2 0







8 Laundry On Site On Site 0 0 None 0 7 In Unit -5 0







9 A/C Type None Central -18 0 Window -7 0 Central -18 0







10 Carpet N N 0 0 N 0 0 N 0 0







11 Drapes or Blinds N Y -4 0 N 0 0 Y -4 0







12 Extra Storage N N 0 0 N 0 0 Y -6 0







13 Fireplace N N 0 0 N 0 0 N 0 0







14 Parking N N 0 0 N 0 0 Y -12 0







15 Pool N N 0 0 N 0 0 N 0 0







16 Recreation Area or Fitness Facility Y N 0 7 N 0 7 Y 0 0

17 Club House or Common Area N N 0 0 N 0 0 N 0 0

18 Balcony, Terrace, or Patio N N 0 0 N 0 0 Y -6 0

B. Services and Utilities

19 Cable in Rent N Y -21 0 N 0 0 Y -21 0

20 Internet in Rent N N 0 0 Y -18 0 Y -18 0

21 Electric in Rent N Y -53 0 N 0 0 Y -53 0

22 Gas in Rent N N 0 0 N 0 0 N 0 0

23 Water/Sewer in Rent Y N 0 130 N 0 0 Y -73 0







24 Garbage in Rent Y Y 0 0 N 0 12 N 0 0







25 Pest Control in Rent Y Y 0 0 N 0 0 Y 0 12







C. Other Adjustments







26 Additional Bedroom N N 0 0 N 0 0 N 0 0







27 Proximity to Public Transportation N Y -15 0 N 0 0 Y -15 0







28
N N 0 0 N 0 0 N 0 0







29
N N 0 0 N 0 0 N 0 0







30
N N 0 0 N 0 0 N 0 0







D. Adjustment Calculation and Rent (Per Month)







31 Actual Rent
525

450

650









32 Total Adjustments
-206 -213 7 -23 -59 36 -305 -305 0







33 Adjusted Rent
319

412

345









34 Proposed Flat Rent 364
















35 FMR 438
















36 Select Other Applicable FMR 420
















Note: The adjustment columns (+ and -) will populate with the dollar amounts or calculation criteria entered in the Typical Rent Adjustments tab, corresponding with how the subject property varies from comparable properties. If the subject compares favorably, the form will populate a positive amount, and if the subject is inferior to the comparable, the form will populate a negative amount. Provide additional narrative if necessary to explain the adjustment.







Public Reporting burden for this collection is estimated to average 760 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This information is required to obtain a flat rent exception approval. HUD may not collect this information and you are not required to complete this form, unless it displays a currently valid OMB number. This information is being collected under Public Law 24 CFR § 960.253(b)(3) which requires the Department of Housing and Urban Development to allow exceptions to FMR-based flat rents when authorized by the Secretary. The information will be used by HUD to approve public housing flat rent exceptions. Confidentiality to respondents is ensured if it would result in competitive harm in accordance with the Freedom of Information Act (FOIA) provisions, or if it could impact the Department's mission to provide housing units under the various Sections of the Housing legislation.


















Last Updated (07/2019)








Sheet 4: Rent Adjustment Worksheet










Label Category Adjustment in Dollars





Year Built/RenovateD Year Built/Renovated ($ per year) $0.00





SF Area Difference in Area (per 10 SF) $0.00






Extra Half Bath $0.00






Extra Full Bath $0.00






Dishwasher $0.00






Disposal $0.00






Washer/Dryer in Unit $0.00






Laundry Room on Site $0.00






Washer/Dryer Hook-up $0.00





A/C Central A/C Central $0.00





A/C Thru Wall/Window A/C Thru Wall/Window $0.00






Carpet $0.00






Drapes or Blinds $0.00






Extra Storage $0.00






Fireplace $0.00






Parking $0.00






Pool $0.00






Recreation Area or Fitness Facility $0.00






Club House or Common Area $0.00






Balcony, Terrace, or Patio $0.00






Internet in Rent $0.00






Pest Control in Rent $0.00






PHA write-in (if applicable) $0.00






PHA write-in (if applicable) $0.00






PHA write-in (if applicable) $0.00






PHA write-in (if applicable) $0.00






PHA write-in (if applicable) $0.00






Sheet 5: Utilities Worksheet

Utilities included in Rent - Adjustments in Dollars




Electric in Rent Gas in Rent Water/Sewer in Rent Garbage in Rent
Studio
1 Bedroom



2 Bedroom



3 Bedroom



4 Bedroom



5 Bedroom



6 Bedroom












Total Utility Allowance




Utility Allowance


Studio



1 Bedroom



2 Bedroom



3 Bedroom



4 Bedroom



5 Bedroom



6 Bedroom




Sheet 6: Studio

Estimates of Market Rent by Comparison HUD Form 5880
U.S. Department of Housing and Urban Development OMB Approval No. 2577-0290
Office of Public and Indian Housing










(exp. 6/30/2022)














1 Housing Agency Name








Date of Analysis mm/dd/yyyy Studio Market Analysis
2 PHA Subject Property Comparable #1 Comparable #2 Comparable #3
Property Name PIC AMP Number Street Address Street Address Street Address
City County State City,State City,State City,State
Actual Rent for Comparable Units ($) $200 Monthly Rent ($) Monthly Rent ($)
Unit Type Select Unit Type Select Unit Type Select Unit Type Select Unit Type


Check to confirm unit is unsubsidized








Category Data Data Adjustments ($) Data Adjustments ($) Data Adjustments ($)
- + - + - +
A. Unit Information
3 Year Built/Renovated 2000 2010 0 0 2009 0 0 2013 0 0
4 SF Area 0 0 0 0 0 0 0 0 0 0
5 Number of Bathrooms 0 0 0 0 0 0 0 0 0 0
6 Dishwasher N N 0 0 N 0 0 N 0 0
7 Disposal N N 0 0 N 0 0 N 0 0
8 Laundry None None 0 0 None 0 0 None 0 0
9 A/C Type None None 0 0 None 0 0 None 0 0
10 Carpet N N 0 0 N 0 0 N 0 0
11 Drapes or Blinds N N 0 0 N 0 0 N 0 0
12 Extra Storage N N 0 0 N 0 0 N 0 0
13 Fireplace N N 0 0 N 0 0 N 0 0
14 Parking N N 0 0 N 0 0 N 0 0
15 Pool N N 0 0 N 0 0 N 0 0
16 Recreation Area or Fitness Facility N N 0 0 N 0 0 N 0 0
17 Club House or Common Area N N 0 0 N 0 0 N 0 0
18 Balcony, Terrace, or Patio N N 0 0 N 0 0 N 0 0
B. Services and Utilities
19 Internet in Rent N N 0 0 N 0 0 N 0 0
20 Electric in Rent N N 0 0 N 0 0 N 0 0
21 Gas in Rent N N 0 0 N 0 0 N 0 0
22 Water/Sewer in Rent N N 0 0 N 0 0 N 0 0
23 Garbage in Rent N N 0 0 N 0 0 N 0 0
24 Pest Control in Rent N N 0 0 N 0 0 N 0 0
C. Other Adjustments
25
N N 0 0 N 0 0 N 0 0
26
N N 0 0 N 0 0 N 0 0
27
N N 0 0 N 0 0 N 0 0
28
N N 0 0 N 0 0 N 0 0
29
N N 0 0 N 0 0 N 0 0
D. Adjustment Calculation and Rent (Per Month)
30 Actual Rent
200







31 Total Adjustments
0 0 0





32 Adjusted Rent
200







33 Proposed Flat Rent 200








34 FMR









35 Select Other Applicable FMR









Note: The adjustment columns (+ and -) will populate with the dollar amounts or calculation criteria entered in the Typical Rent Adjustments tab, corresponding with how the subject property varies from comparable properties. If the subject compares favorably, the form will populate a positive amount, and if the subject is inferior to the comparable, the form will populate a negative amount. Provide additional narrative if necessary to explain the adjustment.
Public reporting burden for this collection of information is estimated to average 8 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Comments regarding the accuracy of this burden estimate and any suggestions for reducing this burden can be sent to the Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th St SW, Room 4176, Washington, DC 20410-5000. Do not send completed forms to this address. This agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection displays a valid OMB control number.
The Department of Housing and Urban Development is collecting this information under Public Law 24 CFR § 960.253(b)(3) which requires HUD to allow exceptions to Fair Market Rent-based flat rents when authorized by the Secretary. The information will be used by HUD to approve public housing flat rent exceptions. This information is required to obtain a flat rent exception approval. No assurances of confidentiality are provided for this information collection.











Last Updated (07/2019)


Sheet 7: 1 BR

Estimates of Market Rent by Comparison HUD Form 5880
U.S. Department of Housing and Urban Development OMB Approval No. 2577-0290
Office of Public and Indian Housing










(exp. 6/30/2022)














1 Housing Agency Name








Date of Analysis mm/dd/yyyy 1-Bedroom Market Analysis
2 PHA Subject Property Comparable #1 Comparable #2 Comparable #3
Property Name PIC AMP Number Street Address Street Address Street Address
City County State City,State City,State City,State
Actual Rent for Comparable Units ($) Monthly Rent ($) Monthly Rent ($) Monthly Rent ($)
Unit Type Select Unit Type Select Unit Type Select Unit Type Select Unit Type


Check to confirm unit is unsubsidized








Category Data Data Adjustments ($) Data Adjustments ($) Data Adjustments ($)
- + - + - +
A. Unit Information
3 Year Built/Renovated 0 0 0 0 0 0 0 0 0 0
4 SF Area 0 0 0 0 0 0 0 0 0 0
5 Number of Bathrooms 0 0 0 0 0 0 0 0 0 0
6 Dishwasher N N 0 0 N 0 0 N 0 0
7 Disposal N N 0 0 N 0 0 N 0 0
8 Laundry None None 0 0 None 0 0 None 0 0
9 A/C Type None None 0 0 None 0 0 None 0 0
10 Carpet N N 0 0 N 0 0 N 0 0
11 Drapes or Blinds N N 0 0 N 0 0 N 0 0
12 Extra Storage N N 0 0 N 0 0 N 0 0
13 Fireplace N N 0 0 N 0 0 N 0 0
14 Parking N N 0 0 N 0 0 N 0 0
15 Pool N N 0 0 N 0 0 N 0 0
16 Recreation Area or Fitness Facility N N 0 0 N 0 0 N 0 0
17 Club House or Common Area N N 0 0 N 0 0 N 0 0
18 Balcony, Terrace, or Patio N N 0 0 N 0 0 N 0 0
B. Services and Utilities
19 Internet in Rent N N 0 0 N 0 0 N 0 0
20 Electric in Rent N N 0 0 N 0 0 N 0 0
21 Gas in Rent N N 0 0 N 0 0 N 0 0
22 Water/Sewer in Rent N N 0 0 N 0 0 N 0 0
23 Garbage in Rent N N 0 0 N 0 0 N 0 0
24 Pest Control in Rent N N 0 0 N 0 0 N 0 0
C. Other Adjustments
25
N N 0 0 N 0 0 N 0 0
26
N N 0 0 N 0 0 N 0 0
27
N N 0 0 N 0 0 N 0 0
28
N N 0 0 N 0 0 N 0 0
29
N N 0 0 N 0 0 N 0 0
D. Adjustment Calculation and Rent (Per Month)
30 Actual Rent









31 Total Adjustments









32 Adjusted Rent









33 Proposed Flat Rent









34 FMR









35 Select Other Applicable FMR









Note: The adjustment columns (+ and -) will populate with the dollar amounts or calculation criteria entered in the Typical Rent Adjustments tab, corresponding with how the subject property varies from comparable properties. If the subject compares favorably, the form will populate a positive amount, and if the subject is inferior to the comparable, the form will populate a negative amount. Provide additional narrative if necessary to explain the adjustment.
Public reporting burden for this collection of information is estimated to average 8 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Comments regarding the accuracy of this burden estimate and any suggestions for reducing this burden can be sent to the Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th St SW, Room 4176, Washington, DC 20410-5000. Do not send completed forms to this address. This agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection displays a valid OMB control number.
The Department of Housing and Urban Development is collecting this information under Public Law 24 CFR § 960.253(b)(3) which requires HUD to allow exceptions to Fair Market Rent-based flat rents when authorized by the Secretary. The information will be used by HUD to approve public housing flat rent exceptions. This information is required to obtain a flat rent exception approval. No assurances of confidentiality are provided for this information collection.











Last Updated (07/2019)


Sheet 8: 2 BR

Estimates of Market Rent by Comparison HUD Form 5880
U.S. Department of Housing and Urban Development OMB Approval No. 2577-0290
Office of Public and Indian Housing










(exp. 6/30/2022)














1 Housing Agency Name








Date of Analysis mm/dd/yyyy 2-Bedroom Market Analysis
2 PHA Subject Property Comparable #1 Comparable #2 Comparable #3
Property Name PIC AMP Number Street Address Street Address Street Address
City County State City,State City,State City,State
Actual Rent for Comparable Units ($) Monthly Rent ($) Monthly Rent ($) Monthly Rent ($)
Unit Type Select Unit Type Select Unit Type Select Unit Type Select Unit Type


Check to confirm unit is unsubsidized








Category Data Data Adjustments ($) Data Adjustments ($) Data Adjustments ($)
- + - + - +
A. Unit Information
3 Year Built/Renovated 0 0 0 0 0 0 0 0 0 0
4 SF Area 0 0 0 0 0 0 0 0 0 0
5 Number of Bathrooms 0 0 0 0 0 0 0 0 0 0
6 Dishwasher N N 0 0 N 0 0 N 0 0
7 Disposal N N 0 0 N 0 0 N 0 0
8 Laundry None None 0 0 None 0 0 None 0 0
9 A/C Type None None 0 0 None 0 0 None 0 0
10 Carpet N N 0 0 N 0 0 N 0 0
11 Drapes or Blinds N N 0 0 N 0 0 N 0 0
12 Extra Storage N N 0 0 N 0 0 N 0 0
13 Fireplace N N 0 0 N 0 0 N 0 0
14 Parking N N 0 0 N 0 0 N 0 0
15 Pool N N 0 0 N 0 0 N 0 0
16 Recreation Area or Fitness Facility N N 0 0 N 0 0 N 0 0
17 Club House or Common Area N N 0 0 N 0 0 N 0 0
18 Balcony, Terrace, or Patio N N 0 0 N 0 0 N 0 0
B. Services and Utilities
19 Internet in Rent N N 0 0 N 0 0 N 0 0
20 Electric in Rent N N 0 0 N 0 0 N 0 0
21 Gas in Rent N N 0 0 N 0 0 N 0 0
22 Water/Sewer in Rent N N 0 0 N 0 0 N 0 0
23 Garbage in Rent N N 0 0 N 0 0 N 0 0
24 Pest Control in Rent N N 0 0 N 0 0 N 0 0
C. Other Adjustments
25
N N 0 0 N 0 0 N 0 0
26
N N 0 0 N 0 0 N 0 0
27
N N 0 0 N 0 0 N 0 0
28
N N 0 0 N 0 0 N 0 0
29
N N 0 0 N 0 0 N 0 0
D. Adjustment Calculation and Rent (Per Month)
30 Actual Rent









31 Total Adjustments









32 Adjusted Rent









33 Proposed Flat Rent









34 FMR









35 Select Other Applicable FMR









Note: The adjustment columns (+ and -) will populate with the dollar amounts or calculation criteria entered in the Typical Rent Adjustments tab, corresponding with how the subject property varies from comparable properties. If the subject compares favorably, the form will populate a positive amount, and if the subject is inferior to the comparable, the form will populate a negative amount. Provide additional narrative if necessary to explain the adjustment.
Public reporting burden for this collection of information is estimated to average 8 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Comments regarding the accuracy of this burden estimate and any suggestions for reducing this burden can be sent to the Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th St SW, Room 4176, Washington, DC 20410-5000. Do not send completed forms to this address. This agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection displays a valid OMB control number.
The Department of Housing and Urban Development is collecting this information under Public Law 24 CFR § 960.253(b)(3) which requires HUD to allow exceptions to Fair Market Rent-based flat rents when authorized by the Secretary. The information will be used by HUD to approve public housing flat rent exceptions. This information is required to obtain a flat rent exception approval. No assurances of confidentiality are provided for this information collection.











Last Updated (07/2019)


Sheet 9: 3 BR

Estimates of Market Rent by Comparison HUD Form 5880
U.S. Department of Housing and Urban Development OMB Approval No. 2577-0290
Office of Public and Indian Housing










(exp. 6/30/2022)














1 Housing Agency Name








Date of Analysis mm/dd/yyyy 3-Bedroom Market Analysis
2 PHA Subject Property Comparable #1 Comparable #2 Comparable #3
Property Name PIC AMP Number Street Address Street Address Street Address
City County State City,State City,State City,State
Actual Rent for Comparable Units ($) Monthly Rent ($) Monthly Rent ($) Monthly Rent ($)
Unit Type Select Unit Type Select Unit Type Select Unit Type Select Unit Type


Check to confirm unit is unsubsidized








Category Data Data Adjustments ($) Data Adjustments ($) Data Adjustments ($)
- + - + - +
A. Unit Information
3 Year Built/Renovated 0 0 0 0 0 0 0 0 0 0
4 SF Area 0 0 0 0 0 0 0 0 0 0
5 Number of Bathrooms 0 0 0 0 0 0 0 0 0 0
6 Dishwasher N N 0 0 N 0 0 N 0 0
7 Disposal N N 0 0 N 0 0 N 0 0
8 Laundry None None 0 0 None 0 0 None 0 0
9 A/C Type None None 0 0 None 0 0 None 0 0
10 Carpet N N 0 0 N 0 0 N 0 0
11 Drapes or Blinds N N 0 0 N 0 0 N 0 0
12 Extra Storage N N 0 0 N 0 0 N 0 0
13 Fireplace N N 0 0 N 0 0 N 0 0
14 Parking N N 0 0 N 0 0 N 0 0
15 Pool N N 0 0 N 0 0 N 0 0
16 Recreation Area or Fitness Facility N N 0 0 N 0 0 N 0 0
17 Club House or Common Area N N 0 0 N 0 0 N 0 0
18 Balcony, Terrace, or Patio N N 0 0 N 0 0 N 0 0
B. Services and Utilities
19 Internet in Rent N N 0 0 N 0 0 N 0 0
20 Electric in Rent N N 0 0 N 0 0 N 0 0
21 Gas in Rent N N 0 0 N 0 0 N 0 0
22 Water/Sewer in Rent N N 0 0 N 0 0 N 0 0
23 Garbage in Rent N N 0 0 N 0 0 N 0 0
24 Pest Control in Rent N N 0 0 N 0 0 N 0 0
C. Other Adjustments
25
N N 0 0 N 0 0 N 0 0
26
N N 0 0 N 0 0 N 0 0
27
N N 0 0 N 0 0 N 0 0
28
N N 0 0 N 0 0 N 0 0
29
N N 0 0 N 0 0 N 0 0
D. Adjustment Calculation and Rent (Per Month)
30 Actual Rent









31 Total Adjustments









32 Adjusted Rent









33 Proposed Flat Rent









34 FMR









35 Select Other Applicable FMR









Note: The adjustment columns (+ and -) will populate with the dollar amounts or calculation criteria entered in the Typical Rent Adjustments tab, corresponding with how the subject property varies from comparable properties. If the subject compares favorably, the form will populate a positive amount, and if the subject is inferior to the comparable, the form will populate a negative amount. Provide additional narrative if necessary to explain the adjustment.
Public reporting burden for this collection of information is estimated to average 8 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Comments regarding the accuracy of this burden estimate and any suggestions for reducing this burden can be sent to the Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th St SW, Room 4176, Washington, DC 20410-5000. Do not send completed forms to this address. This agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection displays a valid OMB control number.
The Department of Housing and Urban Development is collecting this information under Public Law 24 CFR § 960.253(b)(3) which requires HUD to allow exceptions to Fair Market Rent-based flat rents when authorized by the Secretary. The information will be used by HUD to approve public housing flat rent exceptions. This information is required to obtain a flat rent exception approval. No assurances of confidentiality are provided for this information collection.











Last Updated (07/2019)


Sheet 10: 4 BR

Estimates of Market Rent by Comparison HUD Form 5880
U.S. Department of Housing and Urban Development OMB Approval No. 2577-0290
Office of Public and Indian Housing










(exp. 6/30/2022)














1 Housing Agency Name








Date of Analysis mm/dd/yyyy 4-Bedroom Market Analysis
2 PHA Subject Property Comparable #1 Comparable #2 Comparable #3
Property Name PIC AMP Number Street Address Street Address Street Address
City County State City,State City,State City,State
Actual Rent for Comparable Units ($) Monthly Rent ($) Monthly Rent ($) Monthly Rent ($)
Unit Type Select Unit Type Select Unit Type Select Unit Type Select Unit Type


Check to confirm unit is unsubsidized








Category Data Data Adjustments ($) Data Adjustments ($) Data Adjustments ($)
- + - + - +
A. Unit Information
3 Year Built/Renovated 0 0 0 0 0 0 0 0 0 0
4 SF Area 0 0 0 0 0 0 0 0 0 0
5 Number of Bathrooms 0 0 0 0 0 0 0 0 0 0
6 Dishwasher N N 0 0 N 0 0 N 0 0
7 Disposal N N 0 0 N 0 0 N 0 0
8 Laundry None None 0 0 None 0 0 None 0 0
9 A/C Type None None 0 0 None 0 0 None 0 0
10 Carpet N N 0 0 N 0 0 N 0 0
11 Drapes or Blinds N N 0 0 N 0 0 N 0 0
12 Extra Storage N N 0 0 N 0 0 N 0 0
13 Fireplace N N 0 0 N 0 0 N 0 0
14 Parking N N 0 0 N 0 0 N 0 0
15 Pool N N 0 0 N 0 0 N 0 0
16 Recreation Area or Fitness Facility N N 0 0 N 0 0 N 0 0
17 Club House or Common Area N N 0 0 N 0 0 N 0 0
18 Balcony, Terrace, or Patio N N 0 0 N 0 0 N 0 0
B. Services and Utilities
19 Internet in Rent N N 0 0 N 0 0 N 0 0
20 Electric in Rent N N 0 0 N 0 0 N 0 0
21 Gas in Rent N N 0 0 N 0 0 N 0 0
22 Water/Sewer in Rent N N 0 0 N 0 0 N 0 0
23 Garbage in Rent N N 0 0 N 0 0 N 0 0
24 Pest Control in Rent N N 0 0 N 0 0 N 0 0
C. Other Adjustments
25
N N 0 0 N 0 0 N 0 0
26
N N 0 0 N 0 0 N 0 0
27
N N 0 0 N 0 0 N 0 0
28
N N 0 0 N 0 0 N 0 0
29
N N 0 0 N 0 0 N 0 0
D. Adjustment Calculation and Rent (Per Month)
30 Actual Rent









31 Total Adjustments









32 Adjusted Rent









33 Proposed Flat Rent









34 FMR









35 Select Other Applicable FMR









Note: The adjustment columns (+ and -) will populate with the dollar amounts or calculation criteria entered in the Typical Rent Adjustments tab, corresponding with how the subject property varies from comparable properties. If the subject compares favorably, the form will populate a positive amount, and if the subject is inferior to the comparable, the form will populate a negative amount. Provide additional narrative if necessary to explain the adjustment.
Public reporting burden for this collection of information is estimated to average 8 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Comments regarding the accuracy of this burden estimate and any suggestions for reducing this burden can be sent to the Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th St SW, Room 4176, Washington, DC 20410-5000. Do not send completed forms to this address. This agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection displays a valid OMB control number.
The Department of Housing and Urban Development is collecting this information under Public Law 24 CFR § 960.253(b)(3) which requires HUD to allow exceptions to Fair Market Rent-based flat rents when authorized by the Secretary. The information will be used by HUD to approve public housing flat rent exceptions. This information is required to obtain a flat rent exception approval. No assurances of confidentiality are provided for this information collection.











Last Updated (07/2019)


Sheet 11: 5 BR

Estimates of Market Rent by Comparison HUD Form 5880
U.S. Department of Housing and Urban Development OMB Approval No. 2577-0290
Office of Public and Indian Housing










(exp. 6/30/2022)














1 Housing Agency Name








Date of Analysis mm/dd/yyyy 5-Bedroom Market Analysis
2 PHA Subject Property Comparable #1 Comparable #2 Comparable #3
Property Name PIC AMP Number Street Address Street Address Street Address
City County State City,State City,State City,State
Actual Rent for Comparable Units ($) Monthly Rent ($) Monthly Rent ($) Monthly Rent ($)
Unit Type Select Unit Type Select Unit Type Select Unit Type Select Unit Type


Check to confirm unit is unsubsidized








Category Data Data Adjustments ($) Data Adjustments ($) Data Adjustments ($)
- + - + - +
A. Unit Information
3 Year Built/Renovated 0 0 0 0 0 0 0 0 0 0
4 SF Area 0 0 0 0 0 0 0 0 0 0
5 Number of Bathrooms 0 0 0 0 0 0 0 0 0 0
6 Dishwasher N N 0 0 N 0 0 N 0 0
7 Disposal N N 0 0 N 0 0 N 0 0
8 Laundry None None 0 0 None 0 0 None 0 0
9 A/C Type None None 0 0 None 0 0 None 0 0
10 Carpet N N 0 0 N 0 0 N 0 0
11 Drapes or Blinds N N 0 0 N 0 0 N 0 0
12 Extra Storage N N 0 0 N 0 0 N 0 0
13 Fireplace N N 0 0 N 0 0 N 0 0
14 Parking N N 0 0 N 0 0 N 0 0
15 Pool N N 0 0 N 0 0 N 0 0
16 Recreation Area or Fitness Facility N N 0 0 N 0 0 N 0 0
17 Club House or Common Area N N 0 0 N 0 0 N 0 0
18 Balcony, Terrace, or Patio N N 0 0 N 0 0 N 0 0
B. Services and Utilities
19 Internet in Rent N N 0 0 N 0 0 N 0 0
20 Electric in Rent N N 0 0 N 0 0 N 0 0
21 Gas in Rent N N 0 0 N 0 0 N 0 0
22 Water/Sewer in Rent N N 0 0 N 0 0 N 0 0
23 Garbage in Rent N N 0 0 N 0 0 N 0 0
24 Pest Control in Rent N N 0 0 N 0 0 N 0 0
C. Other Adjustments
25
N N 0 0 N 0 0 N 0 0
26
N N 0 0 N 0 0 N 0 0
27
N N 0 0 N 0 0 N 0 0
28
N N 0 0 N 0 0 N 0 0
29
N N 0 0 N 0 0 N 0 0
D. Adjustment Calculation and Rent (Per Month)
30 Actual Rent









31 Total Adjustments









32 Adjusted Rent









33 Proposed Flat Rent









34 FMR









35 Select Other Applicable FMR









Note: The adjustment columns (+ and -) will populate with the dollar amounts or calculation criteria entered in the Typical Rent Adjustments tab, corresponding with how the subject property varies from comparable properties. If the subject compares favorably, the form will populate a positive amount, and if the subject is inferior to the comparable, the form will populate a negative amount. Provide additional narrative if necessary to explain the adjustment.
Public reporting burden for this collection of information is estimated to average 8 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Comments regarding the accuracy of this burden estimate and any suggestions for reducing this burden can be sent to the Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th St SW, Room 4176, Washington, DC 20410-5000. Do not send completed forms to this address. This agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection displays a valid OMB control number.
The Department of Housing and Urban Development is collecting this information under Public Law 24 CFR § 960.253(b)(3) which requires HUD to allow exceptions to Fair Market Rent-based flat rents when authorized by the Secretary. The information will be used by HUD to approve public housing flat rent exceptions. This information is required to obtain a flat rent exception approval. No assurances of confidentiality are provided for this information collection.











Last Updated (07/2019)


Sheet 12: 6 BR

Estimates of Market Rent by Comparison HUD Form 5880
U.S. Department of Housing and Urban Development OMB Approval No. 2577-0290
Office of Public and Indian Housing










(exp. 6/30/2022)














1 Housing Agency Name








Date of Analysis mm/dd/yyyy 6-Bedroom Market Analysis
2 PHA Subject Property Comparable #1 Comparable #2 Comparable #3
Property Name PIC AMP Number Street Address Street Address Street Address
City County State City,State City,State City,State
Actual Rent for Comparable Units ($) Monthly Rent ($) Monthly Rent ($) Monthly Rent ($)
Unit Type Select Unit Type Select Unit Type Select Unit Type Select Unit Type


Check to confirm unit is unsubsidized








Category Data Data Adjustments ($) Data Adjustments ($) Data Adjustments ($)
- + - + - +
A. Unit Information
3 Year Built/Renovated 0 0 0 0 0 0 0 0 0 0
4 SF Area 0 0 0 0 0 0 0 0 0 0
5 Number of Bathrooms 0 0 0 0 0 0 0 0 0 0
6 Dishwasher N N 0 0 N 0 0 N 0 0
7 Disposal N N 0 0 N 0 0 N 0 0
8 Laundry None None 0 0 None 0 0 None 0 0
9 A/C Type None None 0 0 None 0 0 None 0 0
10 Carpet N N 0 0 N 0 0 N 0 0
11 Drapes or Blinds N N 0 0 N 0 0 N 0 0
12 Extra Storage N N 0 0 N 0 0 N 0 0
13 Fireplace N N 0 0 N 0 0 N 0 0
14 Parking N N 0 0 N 0 0 N 0 0
15 Pool N N 0 0 N 0 0 N 0 0
16 Recreation Area or Fitness Facility N N 0 0 N 0 0 N 0 0
17 Club House or Common Area N N 0 0 N 0 0 N 0 0
18 Balcony, Terrace, or Patio N N 0 0 N 0 0 N 0 0
B. Services and Utilities
19 Internet in Rent N N 0 0 N 0 0 N 0 0
20 Electric in Rent N N 0 0 N 0 0 N 0 0
21 Gas in Rent N N 0 0 N 0 0 N 0 0
22 Water/Sewer in Rent N N 0 0 N 0 0 N 0 0
23 Garbage in Rent N N 0 0 N 0 0 N 0 0
24 Pest Control in Rent N N 0 0 N 0 0 N 0 0
C. Other Adjustments
25
N N 0 0 N 0 0 N 0 0
26
N N 0 0 N 0 0 N 0 0
27
N N 0 0 N 0 0 N 0 0
28
N N 0 0 N 0 0 N 0 0
29
N N 0 0 N 0 0 N 0 0
D. Adjustment Calculation and Rent (Per Month)
30 Actual Rent









31 Total Adjustments









32 Adjusted Rent









33 Proposed Flat Rent









34 FMR









35 Select Other Applicable FMR









Note: The adjustment columns (+ and -) will populate with the dollar amounts or calculation criteria entered in the Typical Rent Adjustments tab, corresponding with how the subject property varies from comparable properties. If the subject compares favorably, the form will populate a positive amount, and if the subject is inferior to the comparable, the form will populate a negative amount. Provide additional narrative if necessary to explain the adjustment.
Public reporting burden for this collection of information is estimated to average 8 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Comments regarding the accuracy of this burden estimate and any suggestions for reducing this burden can be sent to the Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th St SW, Room 4176, Washington, DC 20410-5000. Do not send completed forms to this address. This agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection displays a valid OMB control number.
The Department of Housing and Urban Development is collecting this information under Public Law 24 CFR § 960.253(b)(3) which requires HUD to allow exceptions to Fair Market Rent-based flat rents when authorized by the Secretary. The information will be used by HUD to approve public housing flat rent exceptions. This information is required to obtain a flat rent exception approval. No assurances of confidentiality are provided for this information collection.











Last Updated (07/2019)


Sheet 13: Justifications

Justifications





Per Notice PIH 2021-27 and subsequent updates, a PHA must provide a local market-related justification in three instances. Those are 1) different bedroom sizes; 2) amenity adjustments greater than 25%; and 3) joint submissions. PHAs are required to submit any applicable justification using the tab within the HUD Form 5880. Please refer to the Notice for examples.

Different Bedroom Sizes
•Comparable units should use market comparables of the same bedroom size.
•The justification must include why there are no market rate comparable units for a specific bedroom size in a local market.

Amenity Adjustments Greater than 25%
•PHAs with any single amenity adjustment that is more than 25% of the comparable unit’s actual rent must include a justification that is based on local market conditions.
•The justifications must include market specific explanations of how the adjustment was made using local data.

Joint Submissions for Two PHAs
•PHAs from neighboring cities or within the same county with a shared executive director can submit a joint flat rent exception request.
•The justification must include information that explains how there is no substantive difference between the PHA’s rental and employment markets.







Comparing units with a different number of bedrooms





Comparable units must use market comparables with the same number of bedrooms. If there are no comparable unsubsidized units with the same number of bedrooms as the public housing development, a justification must be included explaining why there are no comparable units for a specific number of bedrooms in a local market.








A single amenity adjustment is greater than 25% of the total actual rent





PHAs with any single amenity adjustment that is more than 25% of the comparable unit’s actual rent must include a justification that is based on local market conditions.The justifications must include market specific explanations of how the adjustment was made using local data.








Joint submissions for PHAs with the same executive director





PHAs from neighboring cities or within the same county with a shared executive director can submit a joint flat rent exception request. The justification must include information that explains how there is no substantive difference between the PHA’s rental and employment markets.


Sheet 14: Summary Sheet

Flat Rent Market Analysis Summary

















Housing Authority Name Housing Agency Name




PIC AMP Number PIC AMP Number




Property Name





Date of Analysis
























Proposed Flat Rent (Monthly)


Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom 6 Bedroom

Flat Rent $200 n/a n/a n/a n/a n/a n/a




















FMR Calculation


Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom 6 Bedroom

FMR $0 $0 $0 $0 $0 $0 $0

FMR × 80% $0 $0 $0 $0 $0 $0 $0

Utility Allowance $0 n/a n/a n/a n/a n/a n/a

(FMR × 80%) - Utility Allowance $0 n/a n/a n/a n/a n/a n/a




















Select Other Applicable FMR


Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom 6 Bedroom

Other Applicable FMR $0 $0 $0 $0 $0 $0 $0

FMR × 80% $0 $0 $0 $0 $0 $0 $0

Utility Allowance $0 n/a n/a n/a n/a n/a n/a

(FMR × 80%) - Utility Allowance $0 n/a n/a n/a n/a n/a n/a
File Typeapplication/vnd.openxmlformats-officedocument.spreadsheetml.sheet
File Modified0000-00-00
File Created0000-00-00

© 2024 OMB.report | Privacy Policy