Owners/Landlords must notify TGHA, in writing of their intent to increase the rent on a unit. The request must be presented a maximum of 90-days and a minimum of 60-days in advance of the tenant’s annual recertification (typically the same as the lease renewal).
TGHA will process the rent increase request in accordance with the provisions outlined here: The rent cannot be increased during the initial 12 months of occupancy in the assisted unit; the requested amount must be rent reasonable according to market comparability and it cannot be any more than an unassisted unit; the unit has not been in abatement within the previous 12-month period; a separate rent increase request must be sent for each individual unit.
If your unit receives an indirect subsidy from another government source (Department of Agriculture, Low Income Housing Tax Credit (LIHTC), HOME, etc.) you must include your approved Annual Rent Schedule.
If the requested rent is greater than the rent reasonable study, TGHA will negotiate with the Owner/Landlord to reach an agreed upon rent amount that meets the rent reasonable test. If the rent is less than the comparable amount, TGHA will approve the rent increase.
Special increases in rent may be considered based on increases in property taxes and/or property insurance supported by third party documentation and evidence that the owner has submitted a protest of property tax increase to the applicable Assessor’s office and said protest has been denied.
Rent increases will be applied at the Annual Recertification of the tenant.