Chapter 6: Option Four: Renewal of Projects Exempt from or not Eligible for…
HUD Section 8 Renewal Policy Guidebook · 2026 edition · updated 2026-09-23 · United States
This Chapter identifies “exception” projects. Exception projects are exempted from or ineligible for Recap and as such, generally they are exempt from having to conduct rent comparability studies (RCS) and lower rents to comparable market rents. However, owners of projects subject to certain HUD-held and FHA insured mortgages must obtain a RCS when renewing under this Option. In addition, annual budget-based rent adjustments will require a RCS. This Chapter outlines the owner’s renewal submission requirements and provides instructions for initial and subsequent renewals.
Chapter One – Published March 2023
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