Comment Submitted by Jay Peterman, City of Farmington

Document ID: HUD-2011-0098-0007
Document Type: Public Submission
Agency: Department Of Housing And Urban Development
Received Date: September 07 2011, at 12:00 AM Eastern Daylight Time
Date Posted: September 7 2011, at 12:00 AM Eastern Standard Time
Comment Start Date: August 19 2011, at 12:00 AM Eastern Standard Time
Comment Due Date: September 19 2011, at 11:59 PM Eastern Standard Time
Tracking Number: 80f13296
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For the last six years the City of Farmington Rental survey shows significantly higher median rent by bedrooms than the FMR. The annual adjustments adequately follow broad market adjustments but the base number is way off. Median rent 3bed Farmington nm 2009 was $1050 The 2012 FMR shows $863 I want to talk to the people doing FMR determination. Also, rent in the City of Farmingotn is WAY higher than in the County.

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