HUD is required to publish final FMRs for next year by Oct. 1, but it recognizes that adjustments may be needed in some areas. It is working to get better information, which won’t be received in time for that deadline, so a second round of “final” rents will be published after that date.
NAHB is submitting comments, which are due by Sept. 7.
Comments from builders and developers may be more carefully considered this year because of the new methods that have allowed FMRs to change so drastically from one year to the next.
For the full story, which includes guidance on comments and the address to which they should be sent, click here.
For more specific information, e-mail David Ledford at NAHB or call him at 800-368-5242 x8265.
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