How changes to Fair Market Rent affects access to affordable housing for extremely low-income renters
Community and Economic Development Program of UNC
MARCH 27, 2024
Landlord participation in the voucher program has declined both nationally and in North Carolina from around 90% in 2018 to 80% in 2024. To determine FMR, the Department of Housing and Urban Development (HUD) uses the median rent price of 2-bedroom units from the latest American Community Survey (ACS). August 31, 2023.
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