Small Area Fair Market Rents

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Small Area Fair Market Rents Natalie N. Maxwell Florida Legal Services natalie@floridalegal.org

What is the Small Area Fair Market Rent (SAFMR) Rule?

Jacksonville SAFMR

Jacksonville Voucher Utilization Map Center on Budget and Policy Priorities and the Poverty & Race Research Action Council interactive mapping tool

Jacksonville Voucher Utilization Map Center on Budget and Policy Priorities and the Poverty & Race Research Action Council interactive mapping tool

SAFMR Implementation in Florida

Florida Mandatory SAFMRs Fort Lauderdale-Pompano Beach - Deerfield Beach, FL Metro Division Jacksonville HMFA North Port - Bradenton - Sarasota MSA Palm Bay - Melbourne - Titusville MSA Tampa - St. Petersburg - Clearwater MSA West Palm Beach - Boca Raton - Delray Beach MSA “HUD’s new policy requires agencies in 24 metropolitan areas to use SAFMRs starting in January 2018 and allows agencies in these and any other areas to use SAFMRs beginning January 17, 2017.” Fischer (2016)

Opportunities for Advocacy Actually Implementing SAFMR Notices provided to Tenants Payment Standards Challenges to Rent Reasonableness Low Income Housing Tax Credit Properties Opting in to SAFMR

Resources NHLP Fair Market Rent Page NHLP SAFMR Memo To HJN NHLP & PRRAC Advocates’ guide to successful implementation of the mandatory Small Area FMR rule HUD Small Area Fair Market Rent page

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