NMHC/NAA Letter on Proposed FY 2012 FMR Changes
Date: September 30, 2011
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NMHC and a coalition weighed in on HUD’s proposed FY 2012 Fair Market Rents.  The proposed FMRs would result in significant decreases in many metro areas as a result of a new methodology being used by HUD.  Our comments call on HUD to implement a 5% cap on FMR rent decreases to mitigate the impact on the nation’s affordable housing providers.

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