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  • 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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