The payment standard is the maximum subsidy CHA can pay on behalf of a family. Each year, CHA establishes payment standards based on the HUD-established Fair Market Rents (FMR) for the area. For units located in Cambridge, CHA uses the Cambridge payment standard. For units outside of Cambridge (but still within CHA’s area of operation) CHA uses Boston’s payment standards. … Read More
What does FMR mean?
Fair Market Rents (FMRs) are used to determine payment standard amounts for the Housing Choice Voucher (HCV) Section 8 program. FMRs are established by HUD each year for each geographic area, and are set based on estimated rents in the region.
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