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Can Shelter Plus Care new and renewal and new SRO project request rents below the published FMR applicable at the time of the application due date?

April 26, 2017Plus project published renewal rents request shelter sro

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Can Shelter Plus Care new and renewal and new SRO project request rents below the published FMR applicable at the time of the application due date?

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Yes. Shelter Plus Care (S+C) and new SRO grants may request rents that are below the published FMR. Grantees that request an amount that is 1-99% of the published FMR will be locked in to the requested amount and will not receive any update when the 2009 FMR amounts are…