New rates Effective October 1, 2012
On October 5, 2012, HUD published the Final Fair Market Rents for the Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program Fiscal Year 2013 in the Federal Register. The purpose of the notice is to provide the final proposed payment standards can be reviewed prior to taking effect on October 1, 2012.
- Bergen and Passaic decrease in all unit sizes.
- Camden, Burlington, Gloucester and Salem increase for unit sizes except for four bedroom units.
- Atlantic, Cumberland, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Union, Somerset and Sussex increase in most unit sizes.
- Cape May, Mercer and Warren decrease for all unit sizes except three and four bedroom units.
For more information click here for the notice in the Federal Register.
Click here for a summary table of the new FMR’s and the changes from 2012.
Click here to view the proposed FMR’s by county.