Fair Market Rents (FMRs) are primarily used to determine payment standard amounts for the Housing Choice Voucher program. FMRs are also used to determine the initial renewal rents for some expiring project-based Section 8 contracts, initial rents for housing assistance payment (HAP) contracts in the Moderate Rehabilitation Single Room Occupancy program (Mod Rehab), and to serve as a rent ceiling in the HOME Investment Partnership Program (HOME) for rental assistance. HUD annually estimates FMRs for 530 metropolitan areas and 2,045 nonmetropolitan county FMR areas. By law the final FMRs for use in any Fiscal Year must be published and available for use at the start of that Fiscal Year, on October 1. Data Curent As Of: Fiscal Year-2016 This layer is intended for researchers, students, policy makers, and the general public for reference and mapping purposes, and may be used for basic applications such as viewing, querying, and map output production. This layer will provide a basemap for layers related to socio-political analysis, statistical enumeration and analysis, or to support graphical overlays and analysis with other spatial data. More advanced user applications may focus on demographics, urban and rural land use planning, socio-economic analysis and related areas (including defining boundaries, managing assets and facilities, integrating attribute databases with geographic features, spatial analysis, and presentation output.)
