LIHTC Manual Change – Pet Rent

The OHFA LIHTC Compliance staff has elected to uphold the recent manual change of pet rent not being allowed in excess of the maximum rent, effective January 1, 2022.

This decision is due to the amount of unallowable fees being covertly charged. Examples include $100 administrative fee, $20 global fee, $30 area maintenance fee. Pet rent is becoming a hot topic among many states.

Though having a pet is optional, households that have a pet are not likely to get rid of them. Charging a monthly fee is taking advantage of the already struggling low-income families.

A development is either pet friendly or not. Owners may charge a pet deposit as long as it is refundable. A pet deposit is NOT allowed for an assistance animal. OHFA will revisit this if we become aware that there has been an increase in assistance animals.

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