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Flat rent is set based on the market rent charged for comparable, nearby units in the private unassisted rental market. Unlike income-based rent, flat rate rent does not fluctuate with changes in household income or size but will increase or decrease with the unassisted rental market.<\/p>

Federal programs such as the Low-Income Housing Tax Credit program offer below-market-rate flat rents for low-income households.<\/p>", "inDefinedTermSet": "https://affordablehousingonline.com/glossary" },

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Flat Rent

View All Glossary Definitions

Flat rent is set based on the market rent charged for comparable, nearby units in the private unassisted rental market. Unlike income-based rent, flat rate rent does not fluctuate with changes in household income or size but will increase or decrease with the unassisted rental market.

Federal programs such as the Low-Income Housing Tax Credit program offer below-market-rate flat rents for low-income households.