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 Payments Contract, Housing Assistance Payments Contract, Housing Assistance Payments Contract

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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: Senior Preservation Rental Assistance Contract (Sprac Ii), Senior Preservation Rental Assistance Contract (Sprac Ii), Senior Preservation Rental Assistance Contract (Sprac Ii)

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