81 FR 6534 - Final Fair Market Rents for the Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program Fiscal Year 2016; Revised

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 81, Issue 25 (February 8, 2016)

Today's notice updates the FY 2016 FMRs for Oakland-Fremont, CA HUD Metro FMR Area, based on surveys conducted in December 2015 by the area public housing agencies (PHAs). The FY 2016 FMRs for these areas reflect the estimated 40th percentile rent levels trended to April 1, 2016.

[Federal Register Volume 81, Number 25 (Monday, February 8, 2016)]
[Notices]
[Pages 6534-6535]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-02383]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5885-N-04]


Final Fair Market Rents for the Housing Choice Voucher Program 
and Moderate Rehabilitation Single Room Occupancy Program Fiscal Year 
2016; Revised

AGENCY: Office of the Assistant Secretary for Policy Development and 
Research, HUD.

ACTION: Notice of Final Fiscal Year (FY) 2016 Fair Market Rents (FMRs), 
Update.

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SUMMARY: Today's notice updates the FY 2016 FMRs for Oakland-Fremont, 
CA HUD Metro FMR Area, based on surveys conducted in December 2015 by 
the area public housing agencies (PHAs). The FY 2016 FMRs for these 
areas reflect the estimated 40th percentile rent levels trended to 
April 1, 2016.

DATES: Effective Date: The FMRs published in this notice are effective 
on February 8, 2016.

FOR FURTHER INFORMATION CONTACT: For technical information on the 
methodology used to develop FMRs or a listing of all FMRs, please call 
the HUD USER information line at 800-245-2691 or access the information 
on the HUD USER Web site: http://www.huduser.gov/portal/datasets/fmr.html. FMRs are listed at the 40th or 50th percentile in Schedule B. 
For informational purposes, 40th percentile recent-mover rents for the 
areas with 50th percentile FMRs will be provided in the HUD FY 2016 FMR 
documentation system at http://www.huduser.gov/portal/datasets/fmr/fmrs/docsys.html?data=fmr16 and 50th percentile rents for all FMR areas 
are published http://www.huduser.gov/portal/datasets/50per.html.
    Questions related to use of FMRs or voucher payment standards 
should be directed to the respective local HUD program staff. Questions 
on how to conduct FMR surveys or concerning further methodological 
explanations may be addressed to Marie L. Lihn or Peter B. Kahn, 
Economic and Market Analysis Division, Office of Economic Affairs, 
Office of Policy Development and Research, telephone 202-402-2409. 
Persons with hearing or speech impairments may access this number 
through TTY by calling the toll-free Federal Relay Service at 800-877-
8339. (Other than the HUD USER information line and TDD numbers, 
telephone numbers are not toll-free.)

SUPPLEMENTARY INFORMATION: The FMRs appearing in the following table 
supersede the values found in Schedule B that became effective on 
December 11, 2015, and were printed in the December 11, 2015 Federal 
Register (80 FR 77124) (available from HUD at: http://www.huduser.gov/portal/datasets/fmr.html.
    The FMRs for the affected area are revised as follows:

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                                                                                             FMR by number of bedrooms in unit
                    2016 Fair Market Rent Area                    --------------------------------------------------------------------------------------
                                                                         0 BR             1 BR             2 BR              3 BR              4 BR
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Oakland-Fremont, CA HUD Metro FMR Area...........................            1380             1663             2103               2932             3268
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[[Page 6535]]

    Dated: January 26, 2016.
Katherine M. O'Regan,
Assistant Secretary for Policy Development & Research.
[FR Doc. 2016-02383 Filed 2-5-16; 8:45 am]
 BILLING CODE 4210-67-P