# 24 C.F.R. § 245.315 (2026): Materials to be submitted to HUD

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T24_P245_S245_315

## Section

- **Citation:** 24 C.F.R. § 245.315 (2026)
- **Heading:** Materials to be submitted to HUD
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 24 CFR: Housing and Urban Development / Chapter II: OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT / Part 245: TENANT PARTICIPATION IN MULTIFAMILY HOUSING PROJECTS / Subpart D: Procedures for Requesting Approval of an Increase in Maximum Permissible Rents / § 245.315: § 245.315   Materials to be submitted to HUD.

## Text

When the notice referred to in § 245.310 is served on the tenants, the mortgagor must send to the local HUD office copies of the following documents described in either paragraph (a) or (b) of this section, as specified by the local HUD office:
(a) Documents to be submitted under profit and loss approach:
(1) A copy of the notice to tenants;
(2) An annual Statement of Profit and Loss, Form HUD-92410, covering the project's most recently ended accounting year (this statement must have been audited by an independent public accountant if the project is required by HUD to prepare audited financial statements), and Form HUD-92410 for the intervening period since the date of the last annual statement if more than four months have elapsed since that date;
(3) A narrative statement of the reasons for the requested increase in maximum permissible rents; and
(4) An estimate of the reasonably anticipated increases in project operating costs that will occur within twelve months of the date of submission of materials under this section.
(5) A status report on the project's implementation of its current Energy Conservation Plan.
(b) Documents to be submitted under the forward-budget approach:
(1) A cover letter summarizing the reasons a rent increase is needed;
(2) A copy of the notice to tenants;
(3) A rent increase worksheet providing an income and expense budget for the 12 months following the anticipated effective date of the proposed rent increase;
(4) A brief statement explaining the basis for the expense lines on the rent increase worksheet;
(5) A partially completed Rent Schedule, Form HUD-92458;
(6) If the tenants receive utility allowances, the mortgagor's recommended utility allowance for each unit type and brief statement explaining the basis for the recommended increase; and
e anticipated effective date of the proposed rent increase;
(4) A brief statement explaining the basis for the expense lines on the rent increase worksheet;
(5) A partially completed Rent Schedule, Form HUD-92458;
(6) If the tenants receive utility allowances, the mortgagor's recommended utility allowance for each unit type and brief statement explaining the basis for the recommended increase; and
(7) A status report on the project's implementation of its current Energy Conservation Plan.
(The information collection requirements in paragraph (a) of this section were approved by the Office of Management and Budget under control number 2502-0310 and the information collection requirements in paragraph (b) were approved under control number 2502-0324)

## Nearby sections

- [24 C.F.R. § 245.305 (2026) § 245.305   Applicability of subpart.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P245_S245_305.md)
- [24 C.F.R. § 245.310 (2026) § 245.310   Notice to tenants.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P245_S245_310.md)
- [24 C.F.R. § 245.315 (2026) § 245.315   Materials to be submitted to HUD.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P245_S245_315.md)
- [24 C.F.R. § 245.320 (2026) § 245.320   Request for increase.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P245_S245_320.md)
- [24 C.F.R. § 245.325 (2026) § 245.325   Notification of action on request for increase.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P245_S245_325.md)
- [24 C.F.R. § 245.330 (2026) § 245.330   Non-insured projects.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P245_S245_330.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T24_P245_S245_315. Check the current official text before relying on it. Not legal advice.