Common use of Utility Allowance Clause in Contracts

Utility Allowance. (1) If there is a utility allowance, the utility analysis methodology shall be reviewed and if needed adjusted annually based on [CHECK ONE BOX ONLY AND ATTACH UTILITY POLICY IN EXHIBIT 2]: [ ] HUD Multifamily Housing Policy [ ] Public Housing Authority Policy [ ] Rural Housing Services (RHS) Policy [ ] State or Local Housing Agency [ ] Other means as may be approved by HUD, and as further described in Exhibit 2

Utility Allowance. (1) If there is a utility allowance, the utility analysis methodology shall be reviewed and if needed adjusted annually based on [CHECK ONE BOX ONLY AND ATTACH UTILITY POLICY IN EXHIBIT 2]: [ ] HUD Multifamily Housing Policy [ ] Public Housing Authority Policy [ ] Rural Housing Services (RHS) Policy [ [✔] State or Local Housing Agency [ ] Other means as may be approved by HUD, and as further described in Exhibit 2