HUD Permanently Sets Aside Small Area FMR Suspension

In a stipulated judgment filed on February 16, HUD has permanently set aside the Small Area Fair Market Rent (FMR) suspension. Last summer, using authority in the Small Area FMR regulation, HUD suspended the mandatory implementation of Small Area FMRs for 23 of 24 designated areas. Recently, a federal court found that HUD did not appropriately use its regulatory authority to suspend the mandatory components of the rule. In this document, HUD agrees to permanently set aside the suspension and continue implementing the Small Area FMR program on an expedited basis.

The full stipulated judgment and order can be found here.