Common use of Rent Redetermination after Adjustment in Utility Allowance Clause in Contracts

Rent Redetermination after Adjustment in Utility Allowance. In the event that the Owner is notified of a CA determination approving or requiring an adjustment in the Utility Allowance applicable to any of the Contract Units, the Owner shall promptly make a corresponding adjustment in the amount of rent to be paid by the affected Families and the amount of housing assistance payments.

Appears in 4 contracts

Samples: Housing Assistance, www.hud.gov, www.hud.gov

AutoNDA by SimpleDocs

Rent Redetermination after Adjustment in Utility Allowance. In the event that the Owner is notified of a CA determination approving or requiring an adjustment in the Utility Allowance applicable to any of the Contract SPRAC Units, the Owner shall promptly make a corresponding adjustment in the amount of rent to be paid by the affected Families Family Rent and the amount of housing assistance SPRAC payments.

Appears in 3 contracts

Samples: www.hud.gov, omb.report, www.hud.gov

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.