50th Percentile Rent Estimates.

Dataset Identification:

Resource Abstract:
description: Rent estimates at the 50th percentile (or median) are calculated for all Fair Market Rent areas. Fair Market Rents (FMRs) are primarily 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, to determine initial rents for housing assistance payment (HAP) contracts in the Moderate Rehabilitation Single Room Occupancy program (Mod Rehab), and to serve as a rent ceiling in the HOME rental assistance program. FMRs are gross rent estimates. They include the shelter rent plus the cost of all tenant-paid utilities, except telephones, cable or satellite television service, and internet service. The U.S. Department of Housing and Urban Development (HUD) annually estimates FMRs for 530 metropolitan areas and 2,045 nonmetropolitan county FMR areas. Under certain conditions, as set forth in the Interim Rule (Federal Register Vol. 65, No. 191, Monday October 2, 2000, pages 58870-58875), these 50th percentile rents can be used to set success rate payment standards.; abstract: Rent estimates at the 50th percentile (or median) are calculated for all Fair Market Rent areas. Fair Market Rents (FMRs) are primarily 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, to determine initial rents for housing assistance payment (HAP) contracts in the Moderate Rehabilitation Single Room Occupancy program (Mod Rehab), and to serve as a rent ceiling in the HOME rental assistance program. FMRs are gross rent estimates. They include the shelter rent plus the cost of all tenant-paid utilities, except telephones, cable or satellite television service, and internet service. The U.S. Department of Housing and Urban Development (HUD) annually estimates FMRs for 530 metropolitan areas and 2,045 nonmetropolitan county FMR areas. Under certain conditions, as set forth in the Interim Rule (Federal Register Vol. 65, No. 191, Monday October 2, 2000, pages 58870-58875), these 50th percentile rents can be used to set success rate payment standards.
Citation
Title 50th Percentile Rent Estimates.
creation  Date   2015-03-15T17:32:07.136293
Resource language: 
Processing environment:  
Back to top:

Resource distribution information

Digital Transfer Options
Linkage for online resource
name Dublin Core references URL
URL: http://www.HUDuser.org/portal/datasets/50thper/FY2014_50_Final.xls
protocol WWW:LINK-1.0-http--link
link function information
Description URL provided in Dublin Core references element.

Metadata data stamp:  2018-08-06T19:35:28Z
Resource Maintenance Information
maintenance or update frequency: 
notes: This metadata record was generated by an xslt transformation from a dc metadata record; Transform by Stephen M. Richard, based on a transform by Damian Ulbricht. Run on 2018-08-06T19:35:28Z
Metadata contact - pointOfContact
organisation Name  CINERGI Metadata catalog
Contact information
Address
electronic Mail Address cinergi@sdsc.edu
Metadata language  eng
Metadata character set encoding:   utf8
Metadata standard for this record:  ISO 19139 Geographic Information - Metadata - Implementation Specification
standard version:  2007
Metadata record identifier:  urn:dciso:metadataabout:212ac33b-4c89-4a40-8f81-a165525f46f4

Metadata record format is ISO19139 XML (MD_Metadata)