HUD has updated the FY11 Small Area Fair Market Rent (SAFMR) data file in order to incorporate the American Community Survey (ACS) 2005-2009 ZIP code data. This update appears to be in response to comments from NLIHC and others (see Memo, 7/16/10), who were concerned that using 10-year old Census data to determine the rent levels at the ZIP code level would not give a true representation of local rental markets. NLIHC and others suggested using more recent data from the ACS. HUD has done so with this recent update.
To view the updated data file, see http://www.huduser.org/portal/datasets/fmr.html
To view NLIHC’s comments on the proposed SAFMR program, see http://www.nlihc.org/doc/FMR-Comments-7-12-10.pdf
If you wish to discuss this program and how to evaluate its potential in your region, please contact Danilo Pelletiere, NLIHC’s Research Director and Chief Economist at firstname.lastname@example.org