HUD Releases FY 2018 FMRs, Adopts Methodology Changes

Thursday, August 31, 2017 - 11:30am

The U.S. Department of Housing and Urban Development (HUD) will publish in tomorrow’s Federal Register a notice announcing fiscal year (FY) 2018 fair market rents (FMRs). The FMRs are effective Oct. 2 unless HUD receives a request of reevaluation of specific area FMRs and will be posted to huduser.gov. The notice also adopts changes to the methodology for estimating FMRs that HUD proposed in its notice May 26. HUD invites comments regarding the FMRs through Oct. 1.