SHA is increasing 'flat rent' each of the next three years. What does it really mean?

SHA is increasing 'flat rent' each of the next three years. What does it really mean?

About 1 in 5 Syracuse Housing Authority residents could soon see their rent increase.  The housing authority is increasing what it calls “flat rent” — the rate offered to non-Section 8 tenants — in 2026 and each year through 2028, said Executive Director William Simmons. Flat rents had not been increased for about two decades, Simmons said.  “Just to make sure that everything, all the new developments, run in an economically sustainable way, we …