The
RGB Rent Index estimates the overall effect of the
Board's annual rent increases and vacancy increases
on stabilized contract rents each guideline year (October
1 to September 30). The RGB Rent Index includes the
percentage increases for one- and two-year leases,
the estimated increase for vacancy leases and increases,
if applicable, due to the low rent supplement or the
minimum rent. Rents can increase due to other factors
not included in the RGB Rent Index, e.g., increases
for Major Capital Improvements or “1/40th” individual
apartment improvements.
