Wednesday, November 28, 2012

Hood River Got 27% Bump From Prior FY 2013 Fair Market Rents.

Today's Public Inspection Federal Register has notice HERE that indicates that Hood River got a bump in their FY 2013 Fair Market Rents. (If link doesn't work check Federal Register for Wednesday).  Approval is dated October 23rd.

Result is bump in FY 2013 FMR's by 27% from previous FMR 2013 level (25% for 4 BR). 

That's a $177 per month increase in their 2 BR FMR.

Excel table I constructed HERE and embedded below includes my calculations, along with my data on FY 2012 and FY 2011 FMR rents levels. 

Kudos to Ruby Mason and Mid Columbia HA and HUD staff for slogging through difficult process of getting FMR's changed. 

Originally created and posted on the Oregon Housing Blog

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