Fair Market Rents

Metadata Updated: December 2, 2020

Fair Market Rents (FMRs) are used to determine payment standard amounts for the Housing Choice Voucher program, to determine initial renewal rents for some expiring project-based Section 8 contracts, to determine initial rents for housing assistance payment (HAP) contracts in the Moderate Rehabilitation Single Room Occupancy program (Mod Rehab), rent ceilings for rental units in both the HOME Investment Partnerships program and the Emergency Solution Grants program, calculation of maximum award amounts for Continuum of Care recipients and the maximum amount of rent a recipient may pay for property leased with Continuum of Care funds, and calculation of flat rents in Public Housing units. The U.S. Department of Housing and Urban Development (HUD) annually estimates FMRs for Office of Management and Budget (OMB) defined metropolitan areas, some HUD defined subdivisions of OMB metropolitan areas and each nonmetropolitan county. 42 USC 1437f requires FMRs be posted at least 30 days before they are effective and that they are effective at the start of the federal fiscal year (generally October 1).

Access & Use Information

Public: This dataset is intended for public access and use. License: No license information was provided. If this work was prepared by an officer or employee of the United States government as part of that person's official duties it is considered a U.S. Government Work.

Downloads & Resources

References

https://www.huduser.gov/portal/sites/default/files/pdf/fmr-overview.pdf

Dates

Metadata Created Date March 7, 2014
Metadata Updated Date December 2, 2020
Data Update Frequency R/P1Y

Metadata Source

Harvested from HUD JSON

Additional Metadata

Resource Type Dataset
Metadata Created Date March 7, 2014
Metadata Updated Date December 2, 2020
Publisher US Department of Housing and Urban Development
Unique Identifier HUD010
Maintainer
Public Access Level public
Data Update Frequency R/P1Y
Bureau Code 025:28
Metadata Context https://project-open-data.cio.gov/v1.1/schema/catalog.jsonld
Schema Version https://project-open-data.cio.gov/v1.1/schema
Catalog Describedby https://project-open-data.cio.gov/v1.1/schema/catalog.json
Data Dictionary http://www.HUDuser.org/datasets/fmr/fmrover_071707R2.doc
Harvest Object Id 6cd27c81-a32d-4d0f-902d-2bcc81d3434a
Harvest Source Id 991bcaf7-498f-4657-bed2-f6594e1bfbe7
Harvest Source Title HUD JSON
Data First Published 2020-04-10
Homepage URL https://www.huduser.gov/portal/datasets/fmr.html
Data Last Modified 2020-08-13
Program Code 025:000
Related Documents https://www.huduser.gov/portal/sites/default/files/pdf/fmr-overview.pdf
Source Datajson Identifier True
Source Hash ecfcece14a9a9320b27fbed20b0a747872723aa1
Source Schema Version 1.1
Spatial county
Category affordable housing, subsidy, PDR

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