HUD 2005 Fair Market Rents - Housing Info Update #23
Article Publication Date
Summary
The Department of Housing and Urban Development (HUD) has published final FY 2005 Fair Market Rents (FMRs) that reflect the estimated 40th and 50th percentile rent levels trended to April 1, 2005. The FMRs determine the Section 8 payment amounts established by HUD for counties. FMRs apply to both renewal rents and initial rents for vouched programs. HUD is legally required to publish FMRs at least annually, adjusted to be effective on the first of October of each year.
Topics
Types/Tools
Sources
National Disability Institute at the NCB Development Corporation
Programs/Initiatives
States
Keywords
HUD; FMR; Single Room Occupancy; SRO; Housing Choice Voucher; Section 8
Contact
Michael
Morris
NULL
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mmorris@ncbdc.org
Phone
202-521-2930