MINNESOTA HOUSING FINANCE AGENCY
MARIF PROGRAM
REQUEST FOR RENT INCREASE
(To be used when there is no Minnesota Housing amortizing first mortgage.)

Property Name/MHFA File #:	     	D    	
Name of Ownership Entity: 	     	
Name of Management Company:	     	
Effective Date of change:	     	

To receive approval of your requested rent increase, the following two statements must be answered yes:

1.	The rate of increase does not exceed the amount needed to meet the monthly operating expense budget for the unit.		YES			NO

2.	The proposed increase is commensurate with the proposed increase for non-MARIF units in the property.					YES			NO

Minnesota Housing reserves the right to request supporting documentation demonstrating the need for the proposed increase, include a rent roll, a proposed schedule of rental rates and an operating budget.

I certify the above to be true and correct.

     	
Print Name of Ownership Entity

By:      	

Its:      	

     	
Print Name of Signatory

Date:      _____________________________________

For MHFA Use Only:	
Approved by:		Date approved:		
Phone:		Email:		
Notes –
	
Owner may submit the signed form by mail, email or fax.