What are Fair Market Rents (FMRs)?
Fair Market Rents (FMRs) are defined as rents in middle of the price range for a specific local market. FMRs are used by HUD to set maximum rents for certain programs.
What is the Fair Housing Act?
The Fair Housing Act (Title VIII of the Civil Rights Act of 1968) prevents discrimination on the basis of race, color, ethnicity, national origin, religion, gender, familial status, or disability during the home buying process. The Fair Housing Act is enforced by HUD’s Office of Fair Housing and Equal Opportunity (FHEO.)