HUD Issues Proposed FY2017 FMRS for Comment, 8% Increase for Boston Area, 15% Drop for Cape

In an August 26 Federal Register notice, HUD published proposed Fair Market Rents (FMRs) for FY2017 for the Housing Choice Voucher program. As proposed, two-bedroom FMRs would increase in 10 of the 19 FMRs areas in Massachusetts (including increases of 8% in the Boston area, 11% in Lawrence and 14.7% in Eastern Worcester County) - see table.  The two-bedroom FMR would decrease by 14.9% in Barnstable County.  HUD will accept comments on the methodology used to calculate the FMRs/Small Area FMRs and the proposed levels for specific areas.  Comments are due no later than September 26.