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The Voluntary Rent Guideline, which is established annually by the County Executive, is based on the rental component of the Consumer Price Index for the Washington-Metropolitan Area and it is updated each year.

Eligibility: This option is available to owners whose contract rents are below comparable market rents as determined by a rent comparability study. An owner may request that their eligible current HAP contract be terminated and renewed under this option.

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Annual Rent Adjustment: The contract rents will be adjusted upward each year by the Operating Cost Adjustment Factor published for the locality. This multiplicative rent adjustment is published by HUD in October of each year and is effective in February of the following year. The OCAF is based on a variety of market indicators and is intended to capture the effects of inflation and other market factors on the cost of operating rental housing.

Comparability Adjustment: At each fifth year anniversary of the HAP contract renewal, the contract rents are adjusted to current market levels. The owner must submit a rent comparability study which is used to set the rents on the 5th, 10th, and 15th anniversaries of the HAP contract.

Eligibility: This option is available to owners whose contract rents are below or equal to comparable market rents. An owner may reduce their rents to market levels to participate under Option 2.

Renewal Rent Increase: At HAP renewal, rents are set at a level required to support a HUD-approved project budget. These rents may not exceed market comparable levels, as demonstrated by a rent comparability study.

Mortgage Restructuring: The owner may request that their eligible mortgage be restructured into a primary mortgage and subordinate debt. The new primary mortgage will be sized so that market comparable rents are sufficient to support the debt service on that mortgage. Use restrictions will remain in place at the property so long as the subordinate debt balance remains. If the project can remain financially viable despite a rent reduction to market levels, then no mortgage restructuring may be required.

Rent Increase: At HAP renewal, rents are either adjusted by the Operating Cost Adjustment Factor or by a HUD-approved budget (capped by market rents as determined by a Rent Comparability Study), whichever is lesser.

Annual Rent Adjustment: Which rent adjustment mechanisms are available to your project vary depending on the HAP contract, Use Agreement, and Plan of Action. Please review those documents and contact your HUD Account Executive with questions regarding options for your property. Many Preservation projects may request a budget-based rent increase to assist with unforeseen circumstances at a property or to address physical conditions needs.

The Oakland City Council adopted the Rent Adjustment Program Ordinance (OMC Chapter 8.22) in 1980. This ordinance sets the maximum annual rent increase based on the annual CPI increase and handles rent adjustments for claims of decreases in housing services and handles other rent-related matters. The purpose of this program is to foster fair housing for a diverse population of renters and enforce the Rent Adjustment Ordinance set out by the City of Oakland.

The New York City Rent Guidelines Board (NYCRGB) determines rent increases for lease renewals of rent stabilized apartments, lofts, hotels and single room occupancies (SROs). Rent increase percentages for rent stabilized apartments and lofts are adjusted each year.

Effective June 14, 2019 any tenant who is paying a preferential rent must be offered, for the rest of their tenancy, a lease renewal with a guideline increase that is based on the preferential rent. The legal rent cannot be collected until the apartment is vacated.

In 421-a (16) buildings, apartments initially rented at an amount at or above the market rate threshold qualify for permanent exemption from rent stabilization. In 421-a (16) buildings, an apartment that is rent stabilized and then vacated also qualifies for permanent exemption if the market rate threshold has been lawfully reached.

There is not a statewide law that places limits on how much a landlord can increase the rent when a lease is renewed. In fact, Texas law only allows cities to establish local rent control ordinances in certain cases. A state of disaster has to have been declared and the city must find that a housing emergency exists. The governor must approve the ordinance before it can go into effect.

If a landlord is trying to increase the rent by too much, the tenant can either try to negotiate or choose not to renew their lease. Please note that a landlord cannot raise the rent to punish a tenant for exercising one of their legal rights.

Texas law allows landlords to collect "reasonable" late fees if any portion of the rent remains unpaid more than two full days after it was due. In order to collect this late fee, the landlord must have included notice of it in a written lease.

Texas law does not say how a tenant must pay their rent. It does not discuss rules a landlord might impose that would make tenants pay a specific way, like online or with a money order. How a tenant must submit their rent payments will depend on their specific lease. If a landlord introduces a new requirements to pay online, that may be considered an amendment to the lease. Changes to the lease can only happen at the beginning of a new lease period or with the agreement of all parties. Please see the section on When Can My Landlord Change My Lease? for more information.

Section 92.333 goes on to describe what remedies a tenant may pursue, including, "a civil penalty of one month's rent plus $500, actual damages, court costs, and reasonable attorney's fees in an action for recovery of property damages, moving costs, actual expenses, civil penalties, or declaratory or injunctive relief, less any delinquent rents or other sums for which the tenant is liable to the landlord."

Households with lower incomes can apply to rent an affordable unit from the San Diego Housing Commission (SDHC) or the developers that partner with SDHC to create affordable rental housing in the City of San Diego.

As a lender, bond issuer and administrator of City of San Diego affordable rental housing programs, SDHC has partnered with developers to create more than 23,000 affordable rental housing units citywide.

Leases, which typically run for one year, are binding legal contracts. Leases offer security for tenants. Read any agreement before signing it, and keep a copy for your records. If you have roommates and one moves out, you may still be responsible for paying their portion of the rent until you find a new one.

A tenancy-at-will agreement gives you the opportunity to move out after giving the landlord a proper 30-day written notice. It also allows the landlord to ask you to leave or to increase your rent with a proper 30-day written notice.

Condo conversions: A Boston ordinance gives some protections to tenants in rental buildings in Boston with four or more units that are being converted to condominiums. Some buildings are exempt, like federal buildings and college dorms. Property owners must follow eviction procedures.

You are entitled to the rent on the day specified by the terms of the tenancy. You may charge a late fee only if there is a written agreement in place that allows it. This fee cannot be charged unless the rent is at least 30 days late.

The average rent for a Chicago apartment has increased from 2021 to 2022. But average rents vary from one Chicago neighborhood to the next. On Domu, the cheapest neighborhood for a one-bedroom apartment in 2020 was Belmont Cragin on the northwest side. River North was the most expensive neighborhood to rent a one-bedroom apartment in Chicago. Most apartments for rent in Chicago will fall between $1,000 and $2,000. Not sure how much you can afford to pay in rent? Try this handy rent calculator.

New apartments have popped up in droves around the core downtown neighborhoods in the post-recession recovery period. These are places like Streeterville, River North, the Chicago Loop, South Loop, and River West and West Loop neighborhoods. Many new Chicago apartments feature numerous enticing amenities for renters who expect a high standard of service and fine finishes in these apartments -- but expect a higher rent to accompany all those attractive features. Popular amenities for new apartment buildings include fitness centers with private workout studios, swimming pools, pet grooming stations, secure package delivery, on-site dry cleaning, valet service, electric vehicle charging stations, doorman or concierge service, and 24/7 maintenance and security, and other perks for renters. 17dc91bb1f