Reasonable rent. The rent to owner for each contract unit, as adjusted by the PHA in accordance with 24 CFR 983.303, may at no time exceed the reasonable rent charged for comparable units in the private unassisted market. The reasonable rent shall be determined by the PHA in accordance with HUD requirements.
Appears in 9 contracts
Samples: Housing Assistance Payments Contract, Housing Assistance Payments Contract, Housing Assistance Payments Contract
Reasonable rent. The rent to owner for each contract unit, as adjusted by the PHA in accordance with 24 CFR 983.303, may at no time exceed the reasonable rent charged for comparable units in the private unassisted market, except in cases where the PHA has elected within the HAP contract not to reduce rents below the initial rent to owner. The reasonable rent shall be determined by the PHA in accordance with HUD requirements.
Appears in 3 contracts
Samples: Residential Lease Agreement, Housing Assistance Payments Contract, Housing Assistance Payments Contract
