On July 16, 2021, Novogradac updated its Privacy Notice for California Residents. You should review this updated Privacy Notice before continuing to use our site. By continuing to use our site, you agree to this updated Privacy Notice.
HUD to Publish FY 2022 Fair Market Rents
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.