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HUD / RD Utility Allowance Analysis
To keep assisted housing affordable for lower-income households, federal housing law directs that the resident's share of rent in federally assisted public housing should equal 30 percent of the household's adjusted monthly income. In interpreting the federal housing law, HUD/RD have defined the Utility Allowance as the payment that is necessary to cover the resident's reasonable utility costs. Utility Allowances must be analyzed and recalculated on an annual basis. |
G-ENERGY provides annual utility allowance analysis services to property owners and management companies that have to comply with the federal housing guidelines whether their property is HUD or RD regulated. We provide Allowances for Tenant-Furnished Utilities where residents pay their own utilities, Excess Utility Surcharges for Tenant-Furnished Appliances for master-meterd properties, and Section 8 Utility Allowances for single-family homes, apartments and mobile homes. The cost typically runs $200 to $500 (depending on the size and complexity of the multifamily property) for each of the three types of analysis.
