Assistance for Housing Lags Market-Rate Rents
Assistance from the government for housing is not keeping up with the market, according to a new analysis by Zillow. Assistance granted as part of the U.S. Department of Housing and Urban Development’s (HUD) Housing Choice Voucher program misses the mark in the majority of metropolitan areas, the analysis shows.
HUD determines the value of the vouchers—worth enough to rent at least 40 percent of rentals in a given market—by its Fair Market Rent index (FMR). The analysis shows t
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