The U.S. Department of Housing and Urban Development has released its proposed Fair Market Rents (FMR) for Fiscal Year 2011. FMRs are used to determine payment standard amounts for the Housing Choice Voucher program, to determine initial renewal rents for some expiring project-based Section 8 contracts, and to determine initial rents for housing assistance payment (HAP) contracts in the Moderate Rehabilitation Single Room Occupancy program. Comments are due by September 3, 2010. Read More…