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

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No. Shelter Plus Care (S+C) and new SRO grants may not exceed 100 percent of the applicable Fair Market Rent (FMR) for the Metropolitan Statistical Area (MSA) and unit size. Although awards are based on the number of units and the FMR amounts for those units, S+C funds ca…