Transcription of 4350.1 REV-1 CHAPTER 7. PROCESSING BUDGETED …
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4350.1 REV-1 CHAPTER 7. PROCESSING BUDGETED …
REV-1 . _____. CHAPTER 7. PROCESSING BUDGETED RENT INCREASES. AND FEES FOR COMMERCIAL SPACE AND SERVICES IN. INSURED, DIRECT LOAN AND NON-REGULATED HUD PROJECTS. section 1. OVERVIEW. 7-1. PURPOSE. This CHAPTER provides procedures for PROCESSING BUDGETED rent increases in certain HUD. projects and outlines guidance in the calculation of utility allowances and charges for commercial facilities and services provided in those projects. Included in the CHAPTER are the relevant tenant participation procedures which must be followed in PROCESSING these increases and charges. In preparing the procedures in this CHAPTER , HUD's prime interest is in promoting the efficient management and continued financial viability of its projects.
provides a means of comment in the management of the project. 7-6. APPLICABILITY, The requirements of this section affect ONLY …
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