Notice of Updated Proposed Rent Increase for Finney Avenue Residence

Finney Avenue Residences
404 Finney Avenue, Suffolk, VA 23434

Date: 4/29/2026

 

Subject: Notice of Proposed Rent Increase

 

Dear Resident,

Finney Avenue Residences plans to request HUD approval for an adjustment to your rent based on a Rent Comparability Study, which evaluates market rents, utility costs, and property conditions.

Current rent: $626 per month
Proposed rent: $675 per month
Supporting documents, including the Rent Comparability Study, are available for review at Suffolk Redevelopment and Housing Authority Agency main office during normal business hours. You may submit written comments regarding this proposed increase within 30 days of this notice. All comments will be forwarded to HUD for consideration.

Thank you for your attention and cooperation.

 

Sincerely,

Dinah F. Lewis

HCV Manager

Suffolk Redevelopment and Housing Authority