Instructions and required forms to request a rent increase are available at HANO. Even if an increase is approved, the tenant may not be able to afford it and may have to move. Rent increases are subject to HANO reasonable rent determination. Owners may request rent increases once per year. This is also known as the Maximum Initial Rent Burden. The approved gross rent (owner requested rent and the HANO allowance for tenant paid utilities) cannot result in the tenant having to pay more than 40% of their adjusted monthly income toward rent. If the requested rent is in line with comparable rents, the rent is determined reasonable and can be approved if it meets the affordability test also known as the Maximum Initial Rent Burden To calculate the approved rent, HANO compares the owner-requested amount to the rents for private units with similar features, amenities, and location. Previous Exception Payment Standards (2018) ยป The Payment Standard is NOT the maximum allowable rent to the owner. The owner-requested rent and the utility allowance must be added together to arrive at the Gross Rent. HANO may provide a utility allowance to assist the tenant with the cost of tenant paid utilities. The maxiumum subsidy is the amount HANO will pay toward rent and the cost of utilities not included in the rent. The payment standard represents the maximum subsidy HANO will pay for a unit leased in the Housing Choice Voucher Program by bedroom size. The HANO Payment Standard is determined by using annual Fair Market Rent information for the New Orleans area.
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