What should be done before increasing rent to the owner?

Before increasing rent to the owner, it is essential to conduct a rent reasonableness assessment. This assessment ensures that the new rent amount being proposed is consistent with the current rental rates for comparable units in the local market. It is a fundamental requirement within the Housing Choice Voucher program to guarantee that the rents charged are reasonable compared to similar housing, thus protecting both the tenant's interests and the integrity of the housing program.

Conducting this assessment involves comparing the proposed rent with comparable units in the area, factoring in size, location, amenities, and overall condition. This not only helps to ensure that the rent increase is justifiable and in line with market trends but also aligns with HUD's regulations and guidelines ensuring fair housing practices. Ultimately, this step is crucial to maintain equitable housing standards and make informed decisions regarding rent adjustments.