HUD Updates Forms for Landlords' Rent Hike Pleas
Published Date: 2/28/2025
Notice
Summary
HUD wants to keep collecting info from property owners who ask for rent increases based on their budgets. They’re updating the forms and asking for public feedback by March 31, 2025. This helps HUD make sure rent hikes are fair and justified, affecting landlords and tenants alike.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Landlords must submit HUD budget worksheet
If you are a property owner requesting a budget-based rent increase, you must submit HUD Form 92547-A (a budget worksheet) for HUD Field staff to use as a tool for determining the reasonableness of rent increases. HUD estimates 974 respondents will each spend about 5.33 hours completing the form (total 5,191.42 hours) at an hourly cost of $37.69, for an annual respondent cost of $195,664.62.
Appeals process requires an appeal letter
If your budget-based rent increase request is denied, you may submit an appeal letter; HUD estimates 100 respondents will each spend about 1.5 hours preparing an appeal (total 150 hours) at $37.69/hour, for an annual respondent cost of $5,653.50.
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