A perspective on HUD's 2006 FMR plans

The NH&RA online newsletter, which is generally much worth reading this week, spots an analysis by the National Association of Home Builders on HUD's Dec. 16, 2005 advance publication of metro area definitions to be used in computing "Fair Market Rents." The analysis calls this an unprecedented step but calls the proposal "still problematic for affordable housing developers." If the whole "Fair Market Rents" dispute has been seeming a little too tangled to follow lately, this article is a pretty good way to catch up. Since it's from a builders' perspective, though, you might want to triangulate via the NLIHC discussion of same.