Housing Authority Cook County Rent Increase Form PDF Details

Navigating the complexities of rent adjustments within the Cook County housing landscape demands a deep understanding of the procedures outlined by the Housing Authority of Cook County. Their Rent Increase Request Form serves as a critical tool for landlords seeking to modify the rental rates of their properties, a process governed by strict policy to ensure fairness and compliance. The form captures essential details, including both landlord and client information, alongside the requested increase, and sets out clear guidelines. Rent cannot be altered during the initial lease term, emphasizing the importance of following the agreed-upon lease terms and the housing authority's policies. Such adjustments can only be entertained post the initial occupancy period, requiring thorough negotiation between the landlord and the tenant, submission to housing specialists, and adherence to the current payment standards. Notably, any rent hike is subject to a 'rent reasonableness' analysis, with those exceeding five percent undergoing additional scrutiny. The form highlights the timeline for effectuating rent increases, specifying a mandatory 60-day waiting period post-authorization by the Authority. This regulation ensures tenants are not unduly burdened and that any increase is well justified, reflecting the property's merits compared to similar units especially in buildings with more than four units. By signing this form, landlords acknowledge the scope of their request and its implications, thereby fostering a transparent and equitable housing environment in Cook County.

QuestionAnswer
Form NameHousing Authority Cook County Rent Increase Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesil authority rent increase, cook county housing authority rent increase request form, hacc rent increase form, illinois cook county rent increase

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Housing Authority of Cook County

175 West Jackson Boulevard, Suite 350

Chicago, Illinois 60604

(312) 663-5447

www.thehacc.org

RENT INCREASE REQUEST FORM

Landlord Name:

 

Client Name:

 

 

 

 

 

Vendor Number:

 

Client Number:

 

 

 

 

 

Landlord Address:

 

Client Address:

 

 

 

 

 

Landlord City,

 

Client City,

 

State, Zip:

 

State, Zip:

 

The policy regarding rent increase is as follows:

 

 

The owner must not change the rent during the initial lease term. Subsequent requests for rent adjustments must be consistent with the lease between the owner and the family. After the initial occupancy period, the owner may request a rent in accordance with the owners’ lease. Rent increases will not be approved unless any failed items identified by the most recent HQS inspection have been corrected.

The owner and family must first negotiate the rent for a unit and submit the negotiated rent to the assigned housing specialist. If the rent request submitted is greater than the payment standard in effect, the client will be contacted for notification of the effect to their rent portion. Payment standards are subject to change at any time and amount requested over the payment standard will remain the client’s rent portion regardless of any future income changes.

All rent increase requests are subject to a rent reasonableness analysis and may be denied. Increases over five percent (5%) are subject to additional review and may not be approved. The HACC may request owners to provide information concerning the rents charged for other units on the premises if the premises include more than four units. In evaluating the proposed rents in comparison to other units on the premises, the HACC will consider unit size and length of tenancy in the other units.

All rent increases will be effective the first of the month sixty (60) days after the HACC’s receipt of the owners request or on the date specified by the owner, whichever is later.

Date of Request:

Current Rent Amount:

Proposed Rent Amount:

Renewal Month:

By signing this document, I agree to the proposed rent amount. I have read and understand the policy as it is written above. I understand that this is only a request and is subject to Housing Authority approval. I understand that the increased rent amount may increase the amount that the tenant pays and not the amount of the subsidy payment.

Landlord’s Signature

Client’s Signature

For Housing Authority Use only

Rent Increase Approval Amount

Effective Date

Reviewed by

Date Stamp by Mail Room:

Rev 3/2013

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