Rent Reasonableness is a federal requirement outlined in 24 CFR §982.507, mandated by the U.S. Department of Housing and Urban Development (HUD). This requirement ensures that rents charged to Housing Choice Voucher holders are fair, reasonable, and comparable to similar unassisted units in the open market.
The process is a fundamental aspect of the voucher program, designed to prevent inflated rents and guarantee that federal subsidies are utilized effectively.
Rent Reasonableness checks are conducted to maintain equity in rental charges, ensuring that voucher recipients are not overcharged while also supporting the integrity and sustainability of the Housing Choice Voucher program.
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