HUD publishes FY 2023 FMRs and announces funding for addressing high-priority environmental hazards as well as housing and community development research; California passes the “Affordable Housing and High Road Jobs Act”; Gainesville, FL will reform zoning laws to allow for additional multi-family housing.
HUD Publishes FY 2023 Fair Market Rents
Nationally, Fair Market Rents (FMRs) will increase by an average of about 10 percent, effectively opening up more rental units to housing voucher holders. For FY23, HUD is using private sector data to estimate changes, addressing a temporary data availability challenge; the basic method HUD uses to estimate FMRs remains the same. Read article
HUD Announces $40 Million Funding Opportunity to Protect Families from Home Health and Safety Hazards
Applications for the grant program funds are due Tuesday, Oct. 18. The funds, made available through the Healthy Homes Protection Grant Program, will allow local governments to fix older housing, preserve affordable housing, and improve the health of children and families in their communities. Read article