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HUD PROPOSES FAIR MARKET RENTS FOR 2011 HOUSING CHOICE VOUCHER PROGRAM

Wednesday, August 4, 2010 - 2:00AM

The U.S. Department of Housing and Urban Development (HUD) today released proposed fair market rents (FMRs) for the Housing Choice Voucher program and the Moderate Rehabilitation Single Room Occupancy program for fiscal year (FY) 2011. HUD used 2008 American Community Survey (ACS) data and recent Consumer Price Index (CPI) rent and utility indexes to update the FY 2010 numbers. HUD will accept public comment on the proposed FMRs, including comments about FMR levels for specific areas,  until September 4, 2010. Today’s notice includes the HUD’s procedures for the development of the FMRs, FMR methodology, small area FMR methodology and a list of the proposed FMRs.

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