News

FY2011 Final Fair Market Rents Set

Posted October 1, 2010

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

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HUD Releases Proposed FY11 FMRS, Includes Small-Area FMR Data for Dallas

Posted August 11, 2010

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 ...]

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HUD spending bill for FY 2011 approved by House Subcommittees

Posted July 22, 2010

Source: Housing Assistance Council, HAC News July 7

Link to full July 7th HAC News.

“…The Transportation-HUD Subcommittee, meeting July 1, rejected HUD’s proposals to cut or eliminate HOME, Indian housing, Sec. 202, Sec. 811, SHOP, and the Rural Innovation Fund. Those programs continue at 2010 levels. But the panel also declined to fund several new ideas proposed in the President’s budget, including Transforming Rental Assistance, Catalytic Investments, and Capacity Building. See the table below for HUD details. [More ...]

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House and Senate Propose Increases to McKinney Funding

Posted July 21, 2010

Source: National Alliance to End Homelessness, July 21

“Yesterday, the House Appropriations Committee marked up its fiscal year (FY) 2011 Transportation, Housing, and Urban Development (T-HUD) spending bill. Although the T-HUD Subcommittee proposed funding HUD’s McKinney-Vento Homeless Assistance Grants program at $2.055 billion in FY 2011 (a 10 percent increase over FY 2010), the full Appropriations Committee proposed providing additional funding. [More ...]

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