US Department of Housing and Urban Development
August 11, 2017
Dear PHA Executive Director:
The Small Area Fair Market Rent (FMR) Final Rule was published on November 16, 2016 (81 FR 80567) and became effective on January 17, 2017. Under the final rule the use of Small Area FMRs is required in the administration of the HCV program for certain metropolitan areas beginning on October 1, 2017.