What is Fair Market Rent?

What are Fair Market Rents? Fair Market Rents (FMR) are rental price estimates published annually by the U.S. Department of Housing and Urban Development (HUD). These figures serve a critical role in housing assistance programs, particularly the Section 8 Housing...

What Is Area Median Income (AMI)?

What is Area Median Income (AMI)? Area Median Income (AMI) is the midpoint household income for a specific geographic area, calculated annually by HUD, where half of the households earn more and half earn less. While AMI is commonly used, HUD’s official term is...

What is Section 811 Housing?

Program Overview Section 811 of the National Affordable Housing Act authorizes HUD to provide funding for supportive housing designed for extremely low-income adults with disabilities. The program operates through two distinct models: the Project Rental Assistance...