2023-05630. Fair Market Rents for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program, and Other Programs Fiscal Year 2023; Revised
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Start Preamble
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) 2023 Fair Market Rents (FMRs).
SUMMARY:
This notice updates the FY 2023 FMRs for five areas based on new survey data.
DATES:
Effective Date: The revised FY 2023 FMRs for these five areas are applicable on April 19, 2023.
Start Further InfoFOR FURTHER INFORMATION CONTACT:
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 pprd@hud.gov, or access the information on the HUD USER website: http://www.huduser.gov/portal/datasets/fmr.html. 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, Start Printed Page 16648 please visit https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs.
End Further Info End Preamble Start Supplemental InformationSUPPLEMENTARY INFORMATION:
On September 1, 2022, HUD published the FY 2023 FMRs, requested comments on the FY 2023 FMRs, and outlined procedures for requesting a reevaluation of an area's FY 2023 FMRs (87 FR 53761). This notice revises FY 2023 FMRs for five areas based on data provided to HUD.
I. Revised FY 2023 FMRs
The updated FY 2023 FMRs appear in the following table. The FMRs are based on surveys conducted by the area public housing agencies (PHAs) and reflect the estimated 40th percentile rent levels trended to FY 2023.
The FMRs for the affected areas are revised as follows:
2023 Fair market rent area FMR by number of bedrooms in unit 0 BR 1 BR 2 BR 3 BR 4 BR Grand Rapids-Wyoming, MI HUD Metro FMR Area $1,044 $1,101 $1,326 $1,726 $1,928 Hawaii County, HI 1,281 1,449 1,901 2,446 2,582 Hood River County, OR 1,147 1,304 1,716 2,439 2,923 Seattle-Bellevue, WA HUD Metro FMR Area 2,042 2,100 2,455 3,297 3,847 Wasco County, OR 1,112 1,165 1,457 2,046 2,482 HUD has published these revised FMR values on the HUD USER website at: http://www.huduser.gov/portal/datasets/fmr.html. In addition, HUD has updated the FY 2023 Small Area FMRs (SAFMRs) for metropolitan areas with revised FMRs, which can be found at https://www.huduser.gov/portal/datasets/fmr/smallarea/index.html. HUD has also updated the 50th percentile rents for all FMR areas, which are published at http://www.huduser.gov/portal/datasets/50per.html.
II. Environmental Impact
This notice involves establishment of a rate 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).
Start SignatureSolomon Greene,
Principal Deputy Assistant Secretary for Policy Development and Research.
[FR Doc. 2023-05630 Filed 3-17-23; 8:45 am]
BILLING CODE 4210-67-P
Document Information
- Effective Date:
- 4/19/2023
- Published:
- 03/20/2023
- Department:
- Housing and Urban Development Department
- Entry Type:
- Notice
- Action:
- Notice of Revised Fiscal Year (FY) 2023 Fair Market Rents (FMRs).
- Document Number:
- 2023-05630
- Dates:
- Effective Date: The revised FY 2023 FMRs for these five areas are applicable on April 19, 2023.
- Pages:
- 16647-16648 (2 pages)
- Docket Numbers:
- Docket No. FR-6343-N-02
- PDF File:
- 2023-05630.pdf