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<br />Owner Certification of Reasonable Rent <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 />17-VIII.D. EFFECT OF OTHER SUBSIDY AND RENT CONTROL <br />In addition to the rent limits discussed in Section 17-VIII.B above, other restrictions may limit <br />the amount of rent to owner in a PBV unit. In addition, certain types of subsidized housing are <br />not even eligible to receive PBV assistance (see Section 17-II.D). <br />Other Subsidy \[24 CFR 983.304\] <br />At its discretion, the PHA may reduce the initial rent to owner because of other governmental <br />subsidies, including grants and other subsidized financing. <br />For units receiving assistance under the HOME program, rents may not exceed rent limits as <br />required by that program. <br />For units in any of the following types of federally subsidized projects, the rent to owner may not <br />exceed the subsidized rent (basic rent) or tax credit rent as determined in accordance with <br />requirements for the applicable federal program: <br /> <br />An insured or non-insured Section 236 project; <br /> <br />A formerly insured or non-insured Section 236 project that continues to receive Interest <br />Reduction Payment following a decoupling action; <br /> <br />A Section 221(d)(3) below market interest rate (BMIR) project; <br /> <br />A Section 515 project of the Rural Housing Service; <br /> <br />Any other type of federally subsidized project specified by HUD. <br />Combining Subsidy <br />Rent to owner may not exceed any limitation required to comply with HUD subsidy layering <br />requirements. <br />Rent Control \[24 CFR 983.305\] <br />In addition to the rent limits set by PBV program regulations, the amount of rent to owner may <br />also be subject to rent control or other limits under local, state, or federal law. <br /> <br />PART IX: PAYMENTS TO OWNER <br /> <br />17-IX.A. HOUSING ASSISTANCE PAYMENTS \[24 CFR 983.351\] <br />During the term of the HAP contract, the PHA will make housing assistance payments to the <br />owner in accordance with the terms of the HAP contract. During the term of the HAP contract, <br />payments must be made for each month that a contract unit complies with HQS and is leased to <br />and occupied by an eligible family. The housing assistance payment must be paid to the owner <br />04/01/14 <br />Page 17-34 <br /> <br />