Alternative Methods For Calculating Fair Market Rents (FMRs) in Rental Markets With Rapidly Rising Rents
Agency: Department of Housing and Urban Development
Assistance Listings
- 14.536 -- Research and Evaluations, Demonstrations, and Data Analysis and Utilization
Closed opportunityLast Updated: May 13, 2026
View version history on Grants.gov
Description
HUD is soliciting proposals for research that will accomplish the following:
Define “rental markets with rapidly rising rents”
Identify alternative calculations to generate FMRs that more closely track market conditions in rapidly rising rental markets than current methods. This may include, but is not limited to, alternative sources of gross rent data and/or alternative calculation methodologies using existing data.
The primary objective of this project is to identify better methods for calculating FMRs for markets in disequilibrium where rents are rising rapidly and FMRs calculated...
using current methods coupled with current payment standard authority are insufficient to enable Housing Choice Voucher families to find and lease suitable units within the search time allowed. In addition to the primary objective, this research should consider whether the alternative calculation methods should be applied to the calculation of Fair Market Rents in all types of housing markets.
Eligibility
Eligible applicants
Miscellaneous
- Unrestricted
Additional information
Tribally Designated Housing Entities as defined by Section 4(22) of NAHASDA and Tribes as defined by Section 4(13) of NAHASDA are eligible to compete for, or receive, awards made under this announcement.
Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement.
Grantor contact information
Description
Kinnard Wright
kinnard.d.wright@hud.gov
N/A
Documents
| File name | Description | Last updated |
|---|---|---|
| Foa_Content_of_FR-6400-N-60.pdf | Full Announcement | Jun 3, 2020 02:41 PM UTC |
Link to additional information
https://www.huduser.gov/portal/sites/default/files/pdf/fmr-overview.pdf
Closed: August 4, 2020
Award
$500,000
Program Funding
3
Expected awards
$100,000
Award Minimum
$500,000
Award Maximum
Funding opportunity number:
FR-6400-N-60
Cost sharing or matching requirement:
No
Funding instrument type:
Cooperative agreement
Opportunity Category:
Discretionary
Opportunity Category Explanation:
--
Category of Funding Activity:
Housing
Category Explanation:
--
History
Version:
1
Posted date:
June 2, 2020
Archive date:
--
