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Administrative Plan 7/1/2025 Page 17-89 <br />How to Determine Reasonable Rent [24 CFR 983.303(c)] <br />The reasonable rent of a unit receiving PBV assistance must be determined by comparison to <br />rent for other comparable unassisted units. When making this determination, the PHA must <br />consider factors that affect market rent. Such factors include the location, quality, size, type and <br />age of the unit, as well as the amenities, housing services maintenance, and utilities to be <br />provided by the owner. The reasonable rent determination must be based on the condition of the <br />assisted unit at the time of the determination and not on anticipated future unit conditions. <br />Comparability Analysis [24 CFR 983.303(d)] <br />For each unit, the comparability analysis must use at least three comparable units in the private <br />unassisted market. This may include units in the premises or project that is receiving project- <br />based assistance. The analysis must show how the reasonable rent was determined, including <br />major differences between the contract units and comparable unassisted units, and must be <br />retained by the PHA. The comparability analysis may be performed by PHA staff or by another <br />qualified person or entity. Those who conduct these analyses or are involved in determining the <br />housing assistance payment based on the analyses may not have any direct or indirect interest in <br />the property. <br />PHA-Owned Units [24 CFR 983.303(f)] <br />For PHA-owned units, the amount of the reasonable rent must be determined by an independent <br />agency approved by HUD in accordance with PBV program requirements. The independent <br />entity must provide a copy of the determination of reasonable rent for PHA-owned units to the <br />PHA. <br />Owner Certification of Reasonable Rent [24 CFR 983.303(e)] <br />By accepting each monthly housing assistance payment, the owner certifies that the rent to <br />owner is not more than rent charged by the owner for other comparable unassisted units in the <br />premises. At any time, the PHA may require the owner to submit information on rents charged <br />by the owner for other units in the premises or elsewhere. <br />EXHIBIT 1