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HomeMy WebLinkAboutRAP21-05 US Department of Housing and Urban Developmentform HUD-92458 (11/05) ref Handbook 4350.1Previous editions are obsolete Page 1 of 3 U.S. Department of Housing and Urban Development Office of Housing Federal Housing Commissioner Rent Schedule Low Rent Housing Project Name FHA Project Number Date Rents Will Be Effective (mm/dd/yyyy) Part B – Items Included in Rent Part D – Non-Revenue Producing Space Equipment/Furnishings in Unit (Check those included in rent.) Range Dishwasher __________________ Refrigerator Carpet __________________ Air Conditioner Drapes __________________ Disposal __________________________________ Utilities (Check those included in rent. For each item, (even those not included in rent), enter E, F, or G on line beside that item) E=electric; G=gas; F=fuel oil or coal. Heating ________Hot Water _______Lights, etc. _________ Cooling ________Cooking __________________________ Services/Facilities (check those included in rent) Parking ________________Nursing Care Laundry ________________Linen/Maid Service Swimming Pool __________________________________ Tennis Courts __________________________________ * These amounts may not exceed the Maximum Allowable Monthly Rent Potential approved on the last Rent Computation Worksheet or requested on the Worksheet you are now submitting. Market Rent Potential applies only to Section 236 Projects. Contract Rents Part C – Charges in Addition to Rent (e.g., parking, cable TV, meals) Purpose Monthly Charge $ $ $ $ $ $ Market Rents(Sec. 236 Projects Only) Part E – Commercial Space (retail, offices, garages, etc.) Col. 1 Col. 2 Col. 3UseUnit Type Contract Rent Total Rent Loss Due to Non-Revenue Units $ Col. 4Col. 2 Col. 3 Rental RateCol. 1 Monthly Rent Square Per Sq. Ft.Use Potential Footage (Col. 2 divided byCol. 3) Total Commercial Rent $Potential Part F – Maximum Allowable Rent Potential Enter Maximum Allowable Monthly Rent Potential From Rent Computation Worksheet (to be completed by HUD or lender) $ OMB Approval No. 2502-0012 (exp. 11/30/2020) See page 3 for Instructions, Public Burden Statement and Privacy Act requirements. Col. 1 Col. 5Unit Type UtilityCol. 4 Allowances Col. 6 Col. 8(Include Non-revenue Col. 2 Monthly Gross Rent Col. 7 MonthlyProducing Units) Number Col. 3 Contract Rent (Effective Date (Col. 3 + Col. 5) Rent Market Rentof Units Rent Per Unit Potential (mm/dd/yyyy)Per Unit Potential(Col. 2 x Col. 3) ___ / ___ / _____(Col. 2 x Col. 7) Monthly Market Rent PotentialMonthly Contract Rent Potential (Add Col. 4)*(Add Col. 8)*Total Units Yearly Contract Rent Potential Yearly Market Rent Potential(Col. 4 Sum x 12)*(Col. 8 Sum x 12)* Part A – Apartment Rents Show the actual rents you intend to charge, even if the total of these rents is less than the Maximum Allowable Monthly Rent Potential. Riverview Apartments CO990038002101-11297 11/01/2021 11 02 2021 2Bedrooms 38 1,596 60,648 82 1,678 0 3Bedrooms 34 2,058 69,972 106 2,164 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 72 $130,620 $0 $1,567,440 $0 4 4 4 4 4 Blinds 4 E 4 E 0 4 E 4 4 Trash 0 130,620 0 DocuSign Envelope ID: D6BFAFFD-18A5-416F-A2A3-DC802E3248E4 RAP21-05 form HUD-92458 (11/05) ref Handbook 4350.1Previous editions are obsolete Page 2 of 3 Part G – Information on Mortgagor Entity Name of Entity Type of Entity Individual General Partnership Joint Tenancy/Tenants in Common Other (specify) Corporation Limited Partnership Trust List all Principals Comprising Mortgagor Entity: provide name and title of each principal. Use extra sheets, if needed. If mortgagor is a: • corporation, list: (1) all officers; (2) all directors; and (3) each stockholder having a 10% or more interest. • partnership, list: (1) all general partners; and (2) limited partners having a 25% or more interest in the partnership. • trust, list: (1) all managers, directors or trustees and (2) each beneficiary having at least a 10% beneficial interest in the trust. Name and Title Name and Title Name and Title Name and Title Name and Title Name and Title Name and Title Name and Title Name and Title Name and Title Name and Title Part H – Owner Certification To the best of my knowledge, all the information stated herein, as well as any information provided in the accompaniment herewith, is true and accurate. Warning: HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil penalties. (18 U.S.C. 1001, 1010, 1012; 31 U.S.C. 3729, 3802) Name and Title Authorized Official's Signature Date (mm/dd/yyyy) Part I – HUD/Lender Approval Addendum Number Branch Chief/Lender Official Signature HAP Contract Number Date (mm/dd/yyyy) Exhibit Number Director, Housing Management Division Signature Loan Servicer Signature Date (mm/dd/yyyy)Date (mm/dd/yyyy) Riverview Apartments Preservation, LP 4 Riverview Apartments LLC General Partner Eagle County Housing and Development Authority Sole Member of General Partnership Kathy Chandler-Henry Commissioner Jeanne McQueeney Commissioner Matt Scherr Commissioner Alliant Tax Credit Fund 58, Ltd.Investor Limited Partner Alliant Tax Credit Fund 58, Ltd.Administrative Limited Partner DocuSign Envelope ID: D6BFAFFD-18A5-416F-A2A3-DC802E3248E4 7/13/2021 CommissionerMatt Scherr form HUD-92458 (11/05) ref Handbook 4350.1Previous editions are obsolete Page 3 of 3 Public reporting burden for this collection of information is estimated to average 20 minutes per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number. This collection of information is authorized under Section 207 of the National Housing Act. The information is necessary for the Department to ensure that project owners are not overcharging their tenants and to ensure that the rent levels approved by the Department are not exceeded. The Department uses this information to enforce rent regulations which otherwise would be difficult because there would be no clear record of the rents and charges that the Department had approved. In addition, the Department needs to periodically collect information regarding project principals, so unauthorized participation by previously excluded or otherwise undesirable owners can be detected. This information is required to obtain benefits. HUD may disclose certain information to Federal, State, and local agencies when relevant to civil, criminal, or regulatory investigations and prosecutions. It will not be otherwise disclosed or released outside of HUD, except as required and permitted by law. All project owners must submit the form HUD-92458 when request- ing an adjustment to project rents. HUD establishes and approves rental charges and utility allowances on the Form. The owner is responsible for notifying tenants of the approved rents. General. For projects with fully-insured or HUD-held mortgages, the owner/agent submits this Form to the HUD Field Office. For projects with coinsured mortgages, the owner/agent submits this Form to the lender. Part A. If the monthly rent potential you are proposing is less than or equal to the Maximum Allowable Monthly Rent Potential approved by HUD/lender on your original Rent Formula or on your most recent Rent Computation Worksheet, complete all of Part A according to the instructions below. If the monthly rent potential you are requesting exceeds the Maximum Allowable Monthly Rent Potential approved by HUD/lender on your original Rent Formula or on your most recent Rent Computation Worksheet, complete only Columns 1 and 2 according to the instructions below. Show your proposed rents and monthly rent potential in the cover letter transmitting your rent increase request. Column 1. Show each type of unit for which rents will vary. Show the number of bedrooms and bathrooms and other features that cause rents to vary (e.g., 2 BDM, 1 B, DA, KETTE, vs 2 BDM, 2B, DR, K). Use the following symbols: BDM - Bedroom LR - Living Room B - Bath DR - Dining Room K - Kitchen DA - Dining Alcove KETTE - Kitchenette Column 2. Show the number of units for each unit type. Include non- revenue producing units. Column 3. For unsubsidized projects, show the rent you intend to charge for each unit type. For subsidized projects, show the contract rent (as defined in HUD Handbook 4350.3) for each unit type. Column 4. For each line, multiply the contract rent in Column 3 by the number of units in Column 4. Add monthly contract rent potentials for each unit size to compute the total monthly contract rent potential. Multiply the monthly total by 12 to compute the annual contract rent potential. Columns 5 and 6. Complete the Columns only if the project has a subsidy contract with HUD and some utilities are not included in the rent. In Column 5, show the utility allowance for each unit type. Compute the gross rent for each unit type by adding the contract rent in Column 3 and the utility allowance in Column 5. Show this amount in Column 6. Columns 7 and 8. Complete these Columns only if the project is receiving Section 236 Interest Reduction Payments. In Column 7, show the market rent for each unit type. In Column 8, for each line multiply the market rent in Column 7 by the number of units in Column 2. Add the monthly market rent potentials for each unit size to compute the total monthly market rent potential. Multiply the monthly total by 12 to compute the annual market rent potential. Parts B, C, D and E. Complete these Parts according to the instructions on the Rent Schedule. Part F. Do not complete this Part. The HUD Field Office/lender will complete this Part. Parts G and H. Complete these Parts according to the instructions on the Rent Schedule. Part I. Do not complete this Part. The HUD Field Office/lender will complete this part. Instructions DocuSign Envelope ID: D6BFAFFD-18A5-416F-A2A3-DC802E3248E4 Attachment form HUD-9626) Amend Rents Auto OCAF Part B EXHIBIT A IDENTIFICATION OF UNITS ("CONTRACT UNITS") BY SIZE AND APPLICABLE CONTRACT RENTS Section 8 Contract Number:CO990038002 FHA Project Number:10135641 Effective Date of the Rent Increase: 11/1/2021 Number of Contract Units Number of Bedrooms Contract Rent Utility Allowance Gross Rent 38 2 1596 82 1678 34 3 2058 106 2164 Do not submit a Gross Rent Change through TRACS until the HUD-92458 Rent Schedule has been returned to you duly executed from your HUD/PBCA office. Note:(1) This Exhibit will be amended by Contract Administrator notice to the Owner to specify adjusted contract rent amounts as determined by the Contract Administrator in accordance with the Renewal Contract. (2) These rents are applicable with the Amend Rents Automatic OCAF for this effective Date. Attachments Included:HUD Form 92458 (Rent Schedule –Required) Utility Analysis Certification (Required) Utility Allowance Worksheet (Optional) DocuSign Envelope ID: D6BFAFFD-18A5-416F-A2A3-DC802E3248E4