FY 2009 Fair Market Rents and Analysis of Gainesville Housing Market Area

From: HUD USER News
 
FY 2009 Fair Market Rents
 
On Thursday, June 12, the U.S. Department of Housing
and Urban Development published for public comment in
the Federal Register HUD's Proposed Fiscal Year (FY)
 2009 Fair Market Rents (FMRs) for the (Section 8)
Housing Choice Voucher Program and Moderate
Rehabilitation Single Room Occupancy Program. The
public comment period will be open through August 1.
The Proposed FY 2009 FMRs, developed by HUD's Office
of Policy Development and Research (PD&R), use data
drawn from updated 2000 Census data, the American
Community Survey (ACS), Random Digit Dialing
telephone rent surveys, and Consumer Price Index rent
and utility indexes.
 
Simultaneous with publication of the Proposed FY 2009
 Fair Market Rents, PD&R is posting a documentation
 system on our website, www.huduser.gov. This system will
allow users to review the underlying data and
computations used in developing the proposed FMRs for
each of the approximately 2,400 FMR areas in the
country.
 
Analysis of Gainesville Housing Market Area
 
HUD USER has posted a new Comprehensive Housing Market
Analysis (CHMA) report for the Gainesville, Florida
Housing Market Area. CHMAs contain valuable information
for builders, mortgage lenders, borrowers, local
planners, and others who need to keep up with an area's
housing conditions and trends. Prepared by field
economists in HUD's Office of Policy Development and
Research, these reports provide data that are useful in
anticipating changes in the demand for new housing. This
analysis of the Gainesville housing market area
describes the economic, demographic, and housing
inventory characteristics from 1990 to 2000, from 2000
through September 2007, and projections from October 1,
2007 to October 1, 2010.
 
This CHMA, as well as previously published reports
covering housing markets across the nation, is available
at www.huduser.gov/portal/publications/econdev/mkt_analysis.html.
All reports are available as free downloads.
 
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