This is a notice provided by the Landlord to Tenant explaining that once the lease term has expired. Tenant has the option of vacating the premises or remaining on the premises provided that they abide by the posted rent increase.
This is a notice provided by the Landlord to Tenant explaining that once the lease term has expired. Tenant has the option of vacating the premises or remaining on the premises provided that they abide by the posted rent increase.
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If you would like to increase your rent, please issue your tenant a 60?day notice indicating you the amount you wish to increase the rent to and the effective date of the increase. You must also send a copy of the notice to the Housing Authority.
Property owners are responsible for requesting a rent increase at least 60 days in advance of the effective date of the rent increase by completing an HPD Rent Increase Request Form and submitting it with the signed renewal lease to HPD. Any documentation needed to justify the increase should be included.
? An owner/agent may request a rent increase 60 days prior to the initial HAP contract start date. This date is your annual anniversary date. If the tenant has lived in the unit for more than one year, the rent increase can be requested at anytime. Only one increase is allowed per unit per 12-month period.
?A rent increase may be requested at any time after the first twelve months of the lease by sending a 60-day notice of the increase to the tenant and sending a copy of that notice to SHRA, along with a RFTA Supplemental form (linked below.)
The formula is designed to ensure that families who receive Section 8 assistance pay no more than 30% of their income towards rent. In California, the maximum amount of rent that Section 8 will pay varies depending on the area and the family's income.