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HUD Publishes Proposed FY 2005 FMRs

Friday, August 6, 2004 - 1:45AM

The U.S. Department of Housing and Urban Development (HUD) today published the proposed fiscal year 2005 fair market rents (FMR). These are the first FMRs calculated using 2000 Census data; they also reflect a change in metropolitan area definitions. As a result the proposed FMRs for many areas differ from the 2004 levels. The FMRs are effective October 1, 2004, and, in the meantime, HUD has opened a 30-day comment submission period on the proposal.

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