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Buffalo, NY – The Buffalo Municipal Housing Authority (BMHA) Board of Commissioners today voted to increase rent and utility expense allowances to assist Section 8 tenants to better deal with inflation-fueled monthly expenses.
“We review rent and utility average rates on an annual basis and make adjustments as needed,” BMHA Executive Director Gillian D. Brown said. “The increases approved today will be a big help for our Section 8 residents who are being impacted by fast-rising housing and utility costs, on top of the high costs of food, gas, and other basic items.”
Rent allowances will increase from between 10% to 12.27%, depending on apartment size. For example, the allowance for a one-bedroom unit will rise 11.8%, from $812/mo. $908/mo., while the limit for a four-bedroom apartment will increase from $1,334/mo. to $1,470/mo., a 10.2% rise.
The higher rent allowances correspond with the federal Department of Housing and Urban Development’s (HUD’s) Fair Market Rents schedule. The new rent limits are in effect retroactive to November 1, 2022, for relocating tenants, and as of January 1, 2023, for all new and recertifying Section 8 residents.
The approved boost in utility allowances applies to National Fuel and National Grid expenses, with various increases based on the type and size of the dwelling, as well as the type of heating, cooling, and other appliances in the unit.
The utility allowance adjustments go into effect on January 1, 2023.