HUD to Conduct Webcast on Small Area FMRs
HUD will conduct a webcast on its new proposed rule titled “Establishing a More Effective Fair Market Rent (FMR) System; Using Small Area Fair Market Rents in Housing Choice Voucher Program Instead of the Current 50th Percentile FMRs.” The briefing will take place on Thursday, June 30 2016, from 11 am to 12:30 pm EST. Previously, NAHRO has voiced concerns about the impact of SAFMRs on tenants, some of whom will have lower payment standards; on landlord participation rates; and on the administrative costs, among other concerns.
To register for the event, please click here.
NAHRO’s prior coverage of this rule can be found here. (Members only.)