Notice2024-02666
Fair Market Rents for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program, and Other Programs, Fiscal Year 2024; Revised
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
February 9, 2024
Effective
March 11, 2024
Issuing agencies
Housing and Urban Development Department
Abstract
This notice updates the FY 2024 FMRs for one area based on new survey data.
Full Text
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<title>Federal Register, Volume 89 Issue 28 (Friday, February 9, 2024)</title>
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[Federal Register Volume 89, Number 28 (Friday, February 9, 2024)]
[Notices]
[Page 9169]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-02666]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-6442-N-01]
Fair Market Rents for the Housing Choice Voucher Program,
Moderate Rehabilitation Single Room Occupancy Program, and Other
Programs, Fiscal Year 2024; Revised
AGENCY: Office of the Assistant Secretary for Policy Development and
Research, Department of Housing and Urban Development, HUD.
ACTION: Notice of Revised Fiscal Year (FY) 2024 Fair Market Rents
(FMRs).
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SUMMARY: This notice updates the FY 2024 FMRs for one area based on new
survey data.
DATES: The revised FY 2024 FMRs for this one area are effective on
March 11, 2024.
FOR FURTHER INFORMATION CONTACT: Adam Bibler, Director, Program
Parameters and Research Division, Office of Economic Affairs, Office of
Policy Development and Research, HUD Headquarters, 451 7th Street SW,
Room 8208, Washington, DC 20410, Department of Housing and Urban
Development, telephone (202) 402-6057. Questions related to use of FMRs
or voucher payment standards should be directed to the respective local
HUD program staff. For technical information on the methodology used to
develop FMRs or a listing of all FMRs, please call the HUD USER
information line at 800-245-2691 (toll-free), email the Program
Parameters and Research Division via <a href="/cdn-cgi/l/email-protection#0d7d7d7f694d657869236a627b"><span class="__cf_email__" data-cfemail="6a1a1a180e2a021f0e440d051c">[email protected]</span></a>, or access the
information on the HUD USER website: <a href="http://www.huduser.gov/portal/datasets/fmr.html">http://www.huduser.gov/portal/datasets/fmr.html</a>. HUD welcomes and is prepared to receive calls from
individuals who are deaf or hard of hearing, as well as individuals
with speech or communication disabilities. To learn more about how to
make an accessible telephone call, please visit <a href="https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs">https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs</a>.
SUPPLEMENTARY INFORMATION: On August 31, 2023, HUD published the FY
2024 FMRs, requested comments on the FY 2024 FMRs, and outlined
procedures for requesting a reevaluation of an area's FY 2024 FMRs (88
FR 60223). This notice revises FY 2024 FMRs for one area based on data
provided to HUD.
I. Revised FY 2024 FMRs
The updated FY 2024 FMRs appear in the following table. The FMRs
are based on a survey conducted by the area public housing agencies
(PHAs) and reflect the estimated 40th percentile rent levels trended to
FY 2024.
The FMRs for the affected area are revised as follows:
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FMR by number of bedrooms in unit
2024 Fair Market Rent area ------------------------------------------------------------------------------------
0 BR 1 BR 2 BR 3 BR 4 BR
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Urban Honolulu, HI MSA............................................. $1,668 $1,824 $2,388 $3,365 $4,052
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HUD has published these revised FMR values on the HUD USER website
at: <a href="http://www.huduser.gov/portal/datasets/fmr.html">http://www.huduser.gov/portal/datasets/fmr.html</a>. In addition, HUD
has updated the FY 2024 Small Area FMRs (SAFMRs) for metropolitan areas
with revised FMRs, which can be found at <a href="https://www.huduser.gov/portal/datasets/fmr/smallarea/index.html">https://www.huduser.gov/portal/datasets/fmr/smallarea/index.html</a>. HUD has also updated the 50th
percentile rents for all affected FMR areas, which are published at
<a href="http://www.huduser.gov/portal/datasets/50per.html">http://www.huduser.gov/portal/datasets/50per.html</a>.
II. Environmental Impact
This notice involves the establishment of Fair Market Rent
schedules and does not constitute a development decision affecting the
physical condition of specific project areas or building sites.
Accordingly, under 24 CFR 50.19(c)(6), this notice is categorically
excluded from environmental review under the National Environmental
Policy Act of 1969 (42 U.S.C. 4321).
Solomon Greene,
Principal Deputy Assistant Secretary for Policy Development and
Research.
[FR Doc. 2024-02666 Filed 2-8-24; 8:45 am]
BILLING CODE 4210-67-P
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</html>Indexed from Federal Register on February 9, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.