The U.S. Department of Housing and Urban Development has released its proposed 2010 Fair Market Rents. FMRs are used to determine payment standard amounts for the Housing Choice Voucher program, to determine initial renewal rents for some expiring project-based Section 8 contracts, and to determine initial rents for housing assistance payment (HAP) contracts in the Moderate Rehabilitation Single Room Occupancy program. HUD will accept public comments for 30 days. Final 2010 FMRs will be published in the Federal Register on October 1, 2009. Read More…