24 C.F.R. § 888.115

§ 888.115 Fair market rents for existing housing: Manner of publication. (24 CFR Part 888)

In Force
Verified 9/2/2026 · Next check 10/2/2026
effective 9/2/2026FederalAffordable Housing Programs

Operative Text

24 C.F.R. § 888.115
(a) Publication of FMRs. FMRs will be published at least annually by HUD on the World Wide Web, or in any other manner specified by the Secretary. HUD will publish a notice announcing the publication of the FMRs in the Federal Register, to be effective October 1 of each year, and provide for a minimum of 30 days of public comments and requested for reevaluation of the FMRs in a jurisdiction. The FMRs will become effective no earlier than 30 days after the date the notice publishes in the Federal Register (e.g., if HUD fails to publish FMRs 30 days before October 1, the effective date will be 30 days after publication), except for areas where HUD receives comments during the minimum 30-day comment period requesting reevaluation of the FMRs in a jurisdiction. After HUD reviews a request for reevaluation, HUD will post on the World Wide Web the final FMRs for the areas that have been reevaluated and publish a notice in the Federal Register announcing the publication and the effective date.

(b) Changes in methodology. HUD will publish for comment in the Federal Register a document proposing material changes in the method for estimating FMRs and shall respond to public comment on the proposed material changes in the subsequent Federal Register document announcing the availability of new FMRs based on the revised method for estimating FMRs.
Source: Legislative text reproduced verbatim
Plain English

Under 24 CFR Part 888 § 888.115, HUD is required to publish Fair Market Rents (FMRs) at least once a year, announcing their availability in the Federal Register and posting them on the web. The new FMRs take effect no sooner than 30 days after that Federal Register notice appears, with an intended effective date of October 1 each year. The public has at least 30 days to submit comments or request a reevaluation for a specific jurisdiction, and if a reevaluation is requested and reviewed, HUD publishes a separate notice with the final figures and their effective date. When HUD proposes significant changes to the methodology used to calculate FMRs, those proposed changes must also go through a public comment process before the revised method is used.

Written by anthropic/claude-sonnet-4.6 · Reviewed on September 3, 2026

Plain English — not legal advice.

For Property Managers

Property owners and managers participating in HUD programs—such as the Housing Choice Voucher program—should be aware that 24 CFR Part 888 § 888.115 governs when updated FMRs become operative. Compliant operators generally monitor the Federal Register and HUD's website each year around October 1 to confirm the effective FMR for their jurisdiction, since payment standards tied to FMRs can affect subsidy calculations. If a local housing authority or other stakeholder has submitted a reevaluation request during the comment period, operators should check for a subsequent HUD notice announcing the final FMR and its specific effective date for that area.

General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.

For Tenants

Under 24 CFR Part 888 § 888.115, tenants and tenant advocates have a formal opportunity to weigh in on FMRs before they take effect, through a minimum 30-day public comment window that includes the ability to request a reevaluation for a particular jurisdiction. Because FMRs influence the payment standards used in rental assistance programs, understanding when and how new FMRs become effective can be relevant to households receiving or applying for voucher-based assistance. Tenants who believe an FMR for their area is inaccurate may submit comments during the open period, and tenant-rights organizations can help identify how to engage with that process or track reevaluation outcomes posted on HUD's website.

General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.

Generated September 3, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.

Effective Timeline

Current
Sep 2, 2026
Click on timeline segments to view historical versions.

References Out

No outbound references recorded yet for this provision.

References In

No inbound references recorded yet for this provision.

Related Rules

§ 1437
Declaration of policy and public housing agency organization
§ 5.100
§ 5.100 Definitions.
§ 5.107
§ 5.107 Audit requirements for non-profit organizations.

Source Information

Snapshot SHA:
Fetched:Sep 2, 2026, 11:50 AM UTC