Small Area FMR PHAs May Apply for Additional Administrative Fees

HUD’s Office of Public and Indian Housing (PIH) recently sent letters to PHAs inviting them to request up to $25,000 in additional administrative fees to reimburse them for the costs associated with implementing Small Area Fair Market Rents (SAFMRs). As of April 1, 2018, PHAs in 24 metropolitan areas are required to use SAFMRs. Other PHAs may voluntarily use SAFMRs. PHAs have until Dec. 31 to apply for the additional administrative fees.