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Comparable Project Profile

15-4. APPLICABILITY

HUD Section 8 Renewal Policy Guidebook · 2026 edition · updated 2026-09-23 · United States

  • A. This section applies to most multifamily housing projects with either:

    1. An original Section 8 HAP contract (i.e., one that has not yet been renewed under MAHRA), with rents at or below comparable market rents, or

    2. A MAHRA Renewal Contract issued under section 524(a) or (b) with rents at or below comparable market rents.

  • B. If the owner/purchaser intends to renew the Section 8 HAP contract under

    1. Option Two, the current rents must be at or below market at the time of the renewal.

    2. Option One the current rents must be below market at the time of renewal.

  • C. Owners with the following Section 8 HAP contracts cannot apply:

    1. Section 8 Moderate Rehabilitation projects administered by the Office of Public and Indian Housing.

    2. Section 8 Moderate Rehabilitation Single Room Occupancy Projects administered by the Office of Community Planning and Development.

Chapter Fifteen – Published March 2023

2

  1. Section 8 contracts that have closed under Mark-to-Market and been renewed with a Full Mark-to-Market Renewal Contract issued under section 515 of MAHRA.

  2. An original (non-MAHRA) Section 8 contract that is eligible to renew under MAHRA but has rents above comparable market rents.

  3. A 524(a) or 524(b) Renewal Contract with rents above comparable market rents.

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▸Contents — HUD Section 8 Renewal Policy Guidebook
HUD Section 8 Renewal Policy Guidebook

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