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Notice of Proposed Fiscal Year (FY) 2012 Fair Market Rents (FMRs)

Summary:  The primary uses of FMRs areto determine payment standards for theHousing Choice Voucher (HCV) program, to determine initial renewalrents for some  expiring project-basedSection 8 contracts, to determine initial rents for housing assistance paymentcontracts in the Moderate RehabilitationSingle Room Occupancy program, and to serve as rent ceilings in the HOME program. HUD’s notice proposed FY 2012 FMRs for all areasthat reflect the estimated 40th and 50thpercentile rent levels trended to April 1,2012.