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HUD recently published a notice in the Federal Register entitled, “Using Small Area Fair Market Rents in Housing Choice Voucher Program Instead of the Current 50th Percentile FMRs.” HUD is proposing to use Small Area Fair Market Rents (FMRs) in place of the current 50th percentile rent to address high levels of voucher concentration. HUD’s goal in pursuing this rulemaking is to provide Housing Choice Voucher (HCV) tenants with a greater ability to move into areas where jobs, transportation, and educational opportunities exist.