On August 15th, HUD published its list of proposed Fair Market Rents (FMRs) for 2015. FMRs are used as subsidy limits in HUD’s Housing Choice Voucher Program, but also figure into other housing programs in various ways. A preliminary, proposed list is circulated in advance to allow for public comment before the final version is published, as required by law,… Read More ›
Tag Archive for ‘Fair Market Rents’
Fair Market Rents: Large Changes in Many Areas
On August 5th, HUD published its preliminary Fair Market Rents (FMRs) for Fiscal Year 2014. By law, HUD is required to publish final FMRs annually by October 1, and circulates a preliminary list in advance with a period for public comment. The primary use of FMRs is to set limits on subsidies in HUD’s Housing Choice Voucher Program, but FMRs… Read More ›