SMALL AREA FAIR MARKET RENT

CHANGES TO HOUSING CHOICE VOUCHER PROGRAM PAYMENT STANDARDS

Dear Owners/Property Managers:

The Housing and Urban Development (HUD) has passed a regulation changing how Housing Choice Vouchers Payment Standards are calculated.  Previously, payment standards were based on the HUD established fair market rent for the County.  Going forward rents will be based on zip codes, or like zip codes combined into zones.  The purpose of this change is to allow families to have the opportunity to access higher-cost housing in more communities.  This will provide renters to access safer communities, better schools, and closer proximity to job centers. 

As a result of this change, the Housing Authorities are presenting an informational session for landlords and property managers to explain and answer questions about the new Small Area Fair Market Rent (SAFMR) payment standards. 

Please register for one of the upcoming sessions by clicking on this web link (or copy and paste this link into your brower http://www.bchafl.org/News/Hot_Topics/Small_Area_Fair_Market_Rent.aspx).  Space may be limited, so seats will be reserved on a first come first served basis.  If you have questions, please contact any of the Housing Authorities that service your clients.