§ 882.602 - Definitions for this subpart.

The definitions in § 882.102 shall apply except for Contract Rent, Fair Market Rent, Recently Completed Housing and Rent Reduction Incentive.

Assisted Family. A Family which qualifies as an eligible low-income Family pursuant to part 812, occupies its Manufactured Home as its principal place of residence, is issued a Certificate of Family Participation, leases but does not own the Manufactured Home Space and is assisted under this subpart. A Family's income for eligibility shall be determined in accordance with part 813 of this chapter except that the value of equity in a Manufactured Home owned by an Assisted Family shall not be counted as a Family asset.

Contract Rent. The monthly rent which an Owner is entitled to receive for the leasing of a Manufactured Home Space to an Assisted Family, including any separate fees or charges. This rent includes the maintenance and management services described in the definition of Manufactured Home Space, but excludes ongoing utility charges. Separate fees or charges for services or facilities not included in the definition of Manufactured Home Space shall be included in the Contract Rent only if their payment is required as a condition of the leasing of the Manufactured Home Space. In the case of a cooperative Manufactured Home park, “Contract Rent” means the charges under the occupancy agreements between the members and the cooperative.

Fair Market Rent. The rent which would be required to be paid in order to obtain a privately owned, decent, safe and sanitary Manufactured Home Space of a modest nature. This rent includes maintenance and management services described in the definition of Manufactured Home Space for single-wide and double-wide Manufactured Home Spaces. Rents for double-wide spaces will be permitted for Assisted Families of five or more persons so long as the Manufactured Home meets the minimum occupancy standards for families in accordance with § 882.209(b)(2). Fair Market Rents will be established by HUD and will be published in the Federal Register in accordance with part 888 of this chapter.

Manufactured Home Space. The space, leased by an Owner to an Assisted Family, on which the Manufactured Home owned and occupied by the Family is located. The space shall include all maintenance and management services necessary for decent, safe and sanitary housing, such as maintenance of utility lines, garbage and trash collection, and maintenance of roads, walkways and other common areas and facilities.

Owner. The Owner of the Manufactured Home Space is any person or entity including a cooperative, having the legal right to lease or sublease Manufactured Home Spaces.

Set-up charges. Charges payable by an Assisted Family for assembling, skirting and anchoring the unit.

Utility hook-up charges. Costs payable by an Assisted Family for connecting its Manufactured Home to utilities such as water, gas, electrical and sewer lines.