The U.S. Department of Housing and Urban Development (HUD) released a new guidance document, Rent Reasonableness and Fair Market Rent Under the Emergency Solutions Grants Program.
This resource provides an explanation of Fair Market Rents (FMR) and rent reasonableness requirements in the Emergency Solutions Grant (ESG) Program Interim Rule and describes how to determine and document compliance with each. Additionally, it describes some of the differences and similarities between rental assistance provided under the Homelessness Prevention and Rapid Re-Housing Program (HPRP) and ESG. ESG recipients and their sub-recipients can use this resource to develop policies, procedures, and documentation requirements to comply with HUD rules.
View the ESG Rent Reasonableness and FMR
View the ESG Program Interim Rule