Rent Reasonableness and Fair Market Rent Under the CoC Program

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Using Continuum of care (CoC) Program funds for rental assistance and leasing requires an understanding of and adherence to rent reasonableness standards to determine whether a specific
unit can be assisted. Recipients and sub recipients also need to understand the relationship between rent reasonableness and the Fair Market Rent (FMR). This resource provides an explanation
of both concepts and describes how to determine and document compliance with each for units in which program participants will reside.