Alternative Methods For Calculating Fair Market Rents (FMRs) in Rental Markets With Rapidly Rising Rents
Dept. of Housing and Urban Development - August 4, 2020
The Department of Housing and Urban Development invites applications to its Alternative Methods For Calculating Fair Market Rents (FMRs) in Rental Markets With Rapidly Rising Rents project to identify better methods for calculating FMRs for markets in disequilibrium where rents are rising rapidly and FMRs calculated using current methods coupled with current payment standard authority are insufficient to enable Housing Choice Voucher families to find and lease suitable units within the search time allowed. Up to three awards with a combined total of up to $500,000 may be made. Eligibility is unrestricted.
Applications are due August 4, 2020