2022 Flat Rent Calculations and Fair Market Rent Calculations
Little River County Housing Authority, in accordance with federal law and regulation, is proposing revisions to its Public Housing Flat Rent and Housing Choice Voucher Payment Standards schedules.
New Flat Rent Calculations - Foreman
BR Size: 1
Current FMR: $547
80% of FMR: $438
Utility Allowance: $133
New Flat Rent: $305
Current (old) Flat Rent: $261
Percentage of Increase: 17%
BR Size: 2
Current FMR: $720
80% of FMR: $576
Utility Allowance: $165
New Flat Rent: $411
Current (old) Flat Rent: $354
Percentage of Increase: 16%
BR Size: 3
Current FMR: $1,023
80% of FMR: $818
Utility Allowance: $194
New Flat Rent: $624
Current (old) Flat Rent: $543
Percentage of Increase: 15%
BR Size: 4 SFD
Current FMR: $1,226
80% of FMR: $981
Utility Allowance: $138
New Flat Rent: $843
Current (old) Flat Rent: $751
Percentage of Increase 12%
New Flat Rent Calculations - Ashdown
BR Size: 1
Current FMR: $547
80% of FMR: $438
Utility Allowance: $77
New Flat Rent: $361
Current (old) Flat Rent: $317
Percentage of Increase: 14%
BR Size: 2
Current FMR: $720
80% of FMR: $576
Utility Allowance: $91
New Flat Rent: $485
Current (old) Flat Rent: $428
Percentage of Increase: 13%
BR Size: 3
Current FMR: $1,023
80% of FMR: $818
Utility Allowance $103
New Flat Rent: $715
Current (old) Flat Rent: $634
Percentage of Increase: 13%
BR Size: 4
Current FMR: $1,226
80% of FMR: $981
Utility Allowance: $112
New Flat Rent: $869
Current (old) Flat Rent: $770
Percentage of Increase: 13%
BR Size: 4 SFD
Current FMR: $1,226
80% of FMR: $981
Utility Allowance: $138
New Flat Rent: $843
Current (old) Flat Rent: $751
Percentage of Increase: 5%
2023 FMR Payment Standards, Housing Choice Voucher Program
The PHA determines a payment standard that is between 90 percent and 110 percent of the Fair Market Rents (FMRs). FMRs regularly published by HUD, represent the cost to rent a moderately-priced dwelling unit in the local housing market.
Updated: September 22, 2022
Effective: January 1, 2023
0 BR
2023 Fair Market Rents: $543
2023 Payment Standards: $543
1 BR
2023 Fair Market Rents: $547
2023 Payment Standards: $602
2 BR
2023 Fair Market Rents: $720
2023 Payment Standards: $756
3 BR
2023 Fair Market Rents: $1,023
2023 Payment Standards: $1,023
4 BR
2023 Fair Market Rents: $1226
2023 Payment Standards: $1103
- 0 BR FMR's calculated at 100%
- 1 BR FMR's calculated at 110%
- 2 BR FMR's calculated at 105%
- 3 BR FMR's calculated at 100%
- 4 BR FMR's calculated at 90%