9 CRR-NY 1727-4.1NY-CRR
STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 9. EXECUTIVE DEPARTMENT
SUBTITLE S. DIVISION OF HOUSING AND COMMUNITY RENEWAL
CHAPTER IV. STATE-ASSISTED HOUSING CONSTRUCTED BY PRIVATE ENTERPRISE
SUBCHAPTER C. HOUSING COMPANY MANAGEMENT
PART 1727. OCCUPANCY
SUBPART 1727-4. RENT DETERMINATION AND COLLECTION
9 CRR-NY 1727-4.1
9 CRR-NY 1727-4.1
1727-4.1 Rent schedules.
(a) Rents or carrying charges are determined by reference to rent schedules approved by the division, pursuant to subdivision (c) of this section and the surcharge schedule shown in subdivision (d) of this section.
(b) After ascertaining probable aggregate annual family income, less permissible deductions, reference to these schedules, as applicable, will show rent to be charged.
(c) Rent schedules are prepared by the housing company, subject to division approval, provided that if such approval is not issued within 90 days from submission of all required materials, such schedules shall be deemed approved. Such schedules should provide sufficient income to meet the costs of efficient project operation, including reasonable reserves and debt service.
(d) Unless the division has ordered otherwise, the following schedule shall be used to determine surcharge rentals:
| Income | Rental | |
|---|---|---|
| (in percent of current maximum admission limit for apartment) | (in percent of current admission rental for apartment) | |
| Greater | Up to and | Limited profit and |
| than | including | limited dividends |
| 0 | 105 | 100 |
| 105 | 110 | 105 |
| 110 | 115 | 110 |
| 115 | 120 | 115 |
| 120 | 125 | 120 |
| 125 | 130 | 125 |
| 130 | 135 | 130 |
| 135 | 140 | 135 |
| 140 | 145 | 140 |
| 145 | 150 | 145 |
| 150 | – | 150 |
9 CRR-NY 1727-4.1
Current through September 15, 2021
| End of Document |
IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.