Fort Worth Housing Solutions (FWHS) has begun using Small Area Fair Market Rents (SAFMRs) to calculate rental assistance in the Housing Choice Voucher (HCV) Program. SAFMR stands for “Small Area Fair Market Rent.” SAFMRs are typical rent levels (including utilities except telephone and cable) within a zip code depending upon the number of bedrooms.
What’s new about this approach?
Until recently, rental assistance for families with vouchers was based on a single rent level for an entire metropolitan area. Under the new approach, every zip code has its own rent level. The rent level in each zip code determines the amount of assistance families with vouchers are eligible to receive.
Fort Worth Housing Solutions (FWHS) is building vibrant and sustainable communities that improve the quality of life for the families it serves through the purchase, acquisition, and construction of affordable housing. These properties serve a mix of incomes in which some residents receive direct rental subsidy and others do not. Communities are close to employment opportunities, public transportation, and other amenities.