Affordable Housing, Community Development, Federal News

HUD Releases FY12 FMRs; Connecticut Sees Mixed Changes

 

Connecticut’s metropolitan areas saw small changes in Fair Market Rents (FMR) from Fiscal Year 2011 (FY11) in newly released numbers from the U.S. Department of Housing and Urban Development (HUD). FMRs are used to calculate the relative contributions of tenants holding housing choice vouchers. The changes reflected no geographical or other consistency among the 10 major housing markets in the state.

The following metropolitan areas saw FMRs fall:

  • Bridgeport, from $1,291 for a two-bedroom unit to $1,277.
  • Stamford-Norwalk, from $1,811 for a two-bedroom unit to $1,769.
  • Hartford-West Hartford-East Hartford, from $1,113 for a two-bedroom unit to $ 1,038.
  • Southern Middlesex County, from $1,155 for a two-bedroom unit to $1,080.
  • Colchester-Lebanon, from $1,129 for a two-bedroom unit to $1,126.

The following metropolitan areas saw FMRs rise:

  • Danbury, from $1,512 for a two-bedroom unit to $1,601.
  • Milford-Ansonia-Seymour, from $1,184 for a two-bedroom unit to $1,298.
  • New Haven-Meriden, from $1,246 for a two-bedroom unit to $1,352.
  • Waterbury, from $951 for a two-bedroom unit to $1,075.
  • Norwich-New London, from $1,007 for a two-bedroom unit to $1,145.

 

To Learn More:
HUD Fair Market Rents Dataset
Final FY12 Connecticut FMR Summary

 
 

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