Guides & FAQ

Covered Increases Included in Your Rent Freeze

The following example helps to explain covered increases; however, please note that there may be some exceptions:

	Lease renewal increases; Major Capital Improvement (MCI) increases that compensate the owner for the cost of building-wide renovations such as a new roof or boiler; and Increases approved to compensate a landlord who demonstrates that his/her rental income fails to offset unavoidable expenses (Hardship Orders).
	Maximum collectible rent (MCR) increases; Fuel Cost Adjustments (FCA) to compensate a landlord for fuel increases; Major Capital Improvement (MCI) increases that compensate the owner for the cost of building-wide renovations such as a new roof or boiler; and Increases approved to compensate a landlord who demonstrates that his/her rental income fails to offset unavoidable expenses (Hardship Orders).
	Rent demand renewal increases or lease renewal increases; Major Capital Improvement (MCI) increases that compensate the owner for the cost of building-wide renovations such as a new roof or boiler; and Increases approved to compensate a landlord who demonstrates that his/her rental income fails to offset unavoidable expenses (Hardship Orders).
	Increases in base rent/carrying charges; Temporary utility/fuel surcharges; and Capital assessments.