HUD to Publish FY 2022 Fair Market Rents

Thursday, August 5, 2021 - 2:15pm

The U.S. Department of Housing and Urban Development (HUD) will publish in Friday’s Federal Register a notice of fiscal year 2022 (FY 22) fair market rents (FMRs) for the Housing Choice Voucher program, Moderate Rehabilitation Single-Occupancy program and other HUD programs. The notice provides a description of FMR methodology, lists area definition changes and provides information on FMR re-evaluations. HUD provides an FMR schedule for metropolitan and non-metropolitan areas and for small areas. Comments on the notice are due Sept. 30 and the FMRs are effective Oct. 1.

The impact of the COVID-19 pandemic on affordable housing–including FMRs–will be discussed at the Novogradac 2021 Affordable Housing and Tax Credit Conference, Sept. 30-Oct. 1 in Nashville.