Rent Restrictions. Rent must meet ❖ Fair Market Rent established by HUD and ❖ HUD’s standards of Rent Reasonableness 1) FAIR MARKET RENT AND RENT REASONABLENESS. Rental assistance cannot be provided unless the rent does not exceed the Fair Market Rent established by HUD, as provided under 24 CFR part 888, and complies with HUD's standard of rent reasonableness, as established under 24 CFR 982.507.
Appears in 5 contracts
Samples: Federal Subaward Agreement, Federal Subaward Agreement, Federal Subaward Agreement
