Small Area Fair Market Rents

Adam Bibler
Chalita Brandly
Peter Kahn
Marie Lihn
Lydia Taghavi
U.S. Department of Housing and Urban Development

This Cityscape symposium focuses on multiple aspects of Small Area Fair Market Rents (SAFMRs). These elements include outcomes based on the experience of early forays into the use of SAFMRs along with insights regarding the implementation of SAFMRs among the public housing agencies (PHAs) required to do so. Before delving into the research, we begin with a brief overview of the importance of Fair Market Rents (FMRs) on the Housing Choice Voucher (HCV) Program and a discussion of the history of SAFMRs. We conclude with a summary of the research contained within the Symposium.