DHCR Hikes Air-Conditioner Rent Surcharge for 2011-12

The Division of Housing and Community Renewal (DHCR) has just announced an increase in this year's air-conditioner rent surcharge for owners who pay for electricity. It set the monthly surcharge at $29.13, up from $26.83 last year. This year's increase reflects higher electricity costs as calculated by the Rent Guidelines Board's 2011 Price Index of Operating Costs issued in April 2011.

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