The FY2011 Fair Market Rents (FMRs) went into effect October 1, 2010. Due to a HUD revision, all Vermont FMRs have increased from the proposed FMRs by 1.6-1.9%. Altogether, the 2011 FMR is 7% higher than the 2010 for all VT areas.
For a PDF of the final VT county FMRs for 2011, click here: FY11 VT FMRs
For more information on FMRs and to view other State’s, click here: huduser
Tags: Fair Market Rents, FY2011
Source: National Low Income Housing Coalition, Aug 6
HUD’s proposed FY11 Fair Market Rents (FMRs) were posted in the Federal Register on August 4. This year, along with the usual FMR tables and data files, HUD also released the proposed small area FMRs for the Dallas, TX, HUD Metro FMR Area. This is the first area that will participate in HUD’s Small Area FMR Demonstration Project, which aims to make all neighborhoods in a metropolitan area accessible to voucher holders by setting FMRs at the better-defined ZIP code level (see Memo, 5/14). [More ...]
Tags: Fair Market Rents, FY2011, HUD FMR
Source: NLIHC Memo to Members, April 26, 2010
“Under reforms being considered at HUD, Fair Market Rents (FMRs) may, beginning in 2012, be changed so that they are set at the Zip Code level in metropolitan areas, and updated annually using data from the American Community Survey. Public housing agencies may have the opportunity to pilot the new policy in 2011. [More ...]
Tags: Fair Market Rents, HUD
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