HUD Introduces New 150% Mandatory Market Rent Threshold Test
HUD Introduces New 150% Mandatory Market Rent Threshold Test
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In March 2023, HUD unveiled a new Sec. 8 Renewal Policy Guide, which revised the mandatory market rent threshold to 150% of the Small Area Fair Market Rents (SAFMRs) gross rent for the property’s Zip code - Explore this page to search for rents by city or zip code and use them in the mandatory market rent threshold test for Rent Comparability Studies.