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Housing Costs Rising? Learn When to Appeal a HUD FMR

Housing Costs Rising? Learn When to Appeal a HUD FMR

Fair market rent graphic

The U.S. Department of Housing and Urban Development (HUD) estimates fair market rent (FMR) for almost 2,600 areas nationwide as a basis for rent subsidy programs. When a HUD FMR fails to meet the housing needs of income-qualified residents in a community, it may be time to appeal by commissioning an FMR survey.

According to the government, a HUD FMR represents the cost to rent a moderately-priced dwelling in the local housing market. FMRs are typically determined by a predictive algorithm using data from the U.S. Census Bureau’s annual American Community Survey. When the cost of housing spikes, like it has the last few years, it can outpace the federal funding prediction methodology and the annual budgets for FMR-based subsidies.

 As a result, rent subsidy payments required to be based on the FMR can fall short, leaving a gap between the maximum subsidies allowed and the actual cost of renting an adequately sized, decent, safe, and sanitary dwelling. Inadequate subsidies can lead to fewer housing choices, affect the quality of housing people can afford, and lead to fewer vouchers available for those in need.

How Do You Know When the Rental Market Is Outpacing Your FMR?

If you are a housing authority or other community-based housing organization that distributes federal housing subsidies, such as Housing Choice Vouchers, it is important to know how to request that HUD reevaluate (increase) your annual FMR. The following are key indicators that the market is far out-pacing the current HUD FMR for your area and bringing hardship to your program participants:

    • Extended housing searches or returned vouchers: Subsidy recipients take longer than the typical 90 days to find housing or even have to turn their vouchers back in, because the pool of available and affordable rental properties narrows.
    • Fewer homes to choose from: The number of landlords accepting vouchers for rental properties, based on the payment standard, decreases because landlords cannot operate their property at payment standard rents or they can easily fill their property at higher rents.
    • Housing authorities are spending more per person: Providers are having to set voucher payments that push the upper threshold of what HUD allows (110% to 120% of FMR) in order to help people find available rental properties.
    • People are spending more: Voucher recipients are requesting to use more than 30 percent of their income toward their rent, because the only rents they can find are above the payment standard. Thus, jeopardizing their families financial stability and/or leaving less money for other necessities.
    • Waitlists are growing: If waitlists are open, which is often not the case due to the extreme demand for rental subsidies throughout much of the country, then they are growing longer as more people find themselves income qualified or spending more than 50 percent of income toward rent.

How to Find an FMR Survey Firm

To effect change, it is vital to conduct a successful FMR survey. HUD allows any FMR area housing authority to request a reevaluation of its FMR. In order to do so, the PHA must submit a valid data sample collected based upon HUD’s requirements with at least 100 qualified responses for areas with rental populations under 50,000 and at least 200 for those over 50,000. Generally speaking, at least 15,000 to 25,000 surveys are required in order to obtain 100 to 200 qualified responses. Accurate FMRs help families find and afford housing in areas of greater opportunity for safety, education, employment, and transportation. Who you select to complete the survey is also important. Look for a consultant to perform the FMR survey who has:

    • Deep expertise: Frederick Eggers, former chief economist and deputy assistant secretary for Economic Affairs at HUD, established Econometrica’s FMR survey program.
    • Customer service: Econometrica is dedicated to increasing housing opportunities for underserved populations and as a result is ready to work with communities where they are, helping them partner to work around budget issues or change methods to adjust to calendar constraints or a host of other techniques to meet the community’s ultimate goal.
    • Customized solutions: Our specialists have designed and implemented successful FMR surveys for urban, suburban, and rural communities, ranging from New York City to Transylvania County, North Carolina.
    • Demonstrated success: We completed half of all successful FMR reevaluations in the nation in 2022, achieving as much as a 24 percent increase in FMRs in one locality. 

Fair Market Rent Surveys for Large and Small Communities

The Housing Authority of the City of Asheville (HACA) in North Carolina recently had two successful FMR appeals based on FMR survey data and reports completed by Econometrica. In 2018, HACA noted that rents in the community were fluctuating from year to year. HACA clients were finding it more difficult to find affordable housing in neighborhoods of greater opportunity. HACA engaged Econometrica to perform an FMR survey. As a result, HUD increased 2020 FMRs by 21 percent. Asheville’s rental market boom continued, and HACA engaged Econometrica for a second FMR survey in 2021. This time, Econometrica’s report resulted in a 16.6 percent increase in HUD’s 2022 FMRs for HACA.

In addition, Econometrica was able to piggyback Asheville’s most recent FMR appeal with one for a rural neighboring community that failed to obtain a successful solo appeal in the past. With a small population in general and few renters, it was difficult for Transylvania County to garner a sufficient sample size to meet HUD survey requirements. Econometrica worked with HUD and the involved PHAs to determine ways to combine rural communities like Transylvania County with FMR surveys for more populated metropolitan areas. Consequently, HUD granted Transylvania County a 19.5 percent increase in FMRs for 2022 based on our survey completed in combination with Asheville in 2021. 

HUD FMR Surveys: Work With Us, Work for Us

Econometrica has 6 years of experience conducting FMR surveys and developing reports that lead to successful HUD appeals. Our team of the best and brightest in housing and community development, data science, and survey distribution collaborates to develop FMR surveys to meet the needs of your community, no matter the size. To learn more about Econometrica’s FMR survey process, contact us at HUDFMR@econometricainc.com. We will run a quick analysis to determine whether a local FMR survey makes sense for you and your community and guide you through the next steps.

If you are a specialist in housing and community development and want to expand your career, explore the benefits of working for Econometrica by visiting our careers page.

Monitoring the Global Tobacco Epidemic: Data to Action Course

Monitoring the Global Tobacco Epidemic: Data to Action Course

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Econometrica built a web-based e-learning course for CDC Foundation’s Monitoring the Global Tobacco Epidemic: Data to Action course. This e-learning course supports CDC Foundation’s goal of helping countries understand how to use data to combat the tobacco epidemic. The course was translated from English to Spanish, Russian, French, and Mandarin Chinese. Econometrica and CDC Foundation worked collaboratively to develop the e-learning course and ensure that it is accessible, interactive, and engaging.

Additionally, the Econometrica Team created short, animated videos using Animaker, Camtasia, and Headliner for inclusion within the course.

The CDC Foundation’s Monitoring the Global Tobacco Epidemic: Data to Action course is available at: https://www.gtssacademy.org/learning/.

About the CDC Foundation

The CDC Foundation is an independent nonprofit and sole entity created by Congress to support the Centers for Disease Control and Prevention’s (CDC) critical health protection work. The CDC Foundation forges effective partnerships between CDC and corporations, foundations, organizations, and individuals to fight threats to health and safety. Learn more at www.cdcfoundation.org.

Work With Us, Work for Us

Econometrica specializes in research and management across numerous industries in both the public and private sectors. We are always looking to hire the best and brightest in data science, health, grants management, energy, homeland security, housing and community development, capital markets and finance, and transportation. We work as the lead service provider, and also as a capable outsource partner to other consultancies. To work with us on your next project, visit us online and email a member of our executive staff in your preferred specialty. To explore the benefits of working for us, visit our careers page.

Econometrica’s Data Scientists Use AI to Customize Research

Econometrica’s Data Scientists Use AI to Customize Research

Data science graphic
As a business management consultant firm, we understand the power of data science to evaluate and inform by collecting and examining information across a multitude of analytical platforms. Modern data science enables our researchers to dig deeper and uncover critical truths in a wide variety of projects for the government and private sectors.
We recently added narrow-based language models of artificial intelligence (AI) to Econometrica’s technical capabilities. AI allows us to bring a fresh perspective and highly customized results to our clients and partners in health, housing, communications, finance, homeland security, maritime and water resources, energy, and grants management.

Two key benefits differentiate narrow-based language AI from its predecessors:
    • Upgraded search capabilities: Our data scientists can search and organize large amounts of data more quickly and efficiently.
    • Highly detailed customization: The AI learns concepts based on words with similar uses, including synonyms, abbreviations, and common misspellings to produce more robust search results.

“Machine learning is newer in the areas we typically work. There are not many people in the world who know how to build narrow-based language models,” says Douglas Schuweiler, a data scientist in Econometrica’s Data Analytics Group. A specialist in behavioral neuroscience, Dr. Schuweiler studied how the brain learns by building artificial neural network models while earning his Ph.D. at Illinois State University.

“Using this newer level of artificial intelligence, we can build a model that is tailored to each client and focused on the data that needs to be analyzed,” says Dr. Schuweiler.

Data Science in Action: Program Evaluation

Recently, Econometrica was tasked by the Federal Emergency Management Agency (FEMA) with evaluating a nationwide grant program for disaster preparedness. In other words, were the projects generating the intended outcomes? We had to determine the effectiveness of 100,000 individual grant projects, but there was a great deal of latitude in the outcomes each project could achieve.

We used narrow-based language AI to analyze the project descriptions written by grant recipients. “It allowed us to form a more precise evaluation by matching the grant programs with their targeted outcomes,” says Dr. Schuweiler.

This summary of the FEMA project is simplified, but completing this task takes a significant time commitment from specialists with high-level expertise. Before comparing grant project descriptions to their intended outcomes, our team had to develop another model to differentiate project descriptions with a high level of detail from project descriptions with a low level of detail. The process took more than 6 months.

Data science is the linchpin in many of Econometrica’s projects. We use data analytics in statistical sampling, machine learning, data scrubbing, economic modeling, and analysis support for audits, regulatory work, improper payments, and predictive analytics. This support includes the following:

    • Development of detailed sampling plans.
    • Advanced statistical analysis of the results.
    • Comprehensive reports that document the methodologies used and certify the statistical validity of the analysis.

One recent data science project earned an Award for Excellence for our Data Analytics Group, based on the real-world impact it created. You can read about it here.

Work With Us, Work for Us

Econometrica specializes in data analytics for the public and private sector. Our team represents the best and brightest in data science, health, grants management, energy, homeland security, housing and community development, capital markets and finance, and transportation. We work as the lead service provider, and also as an outsource partner to other consultancies. For exceptional results on your next project, visit us online and email a member of our executive staff in your preferred specialty. To explore the benefits of working for us, visit our careers page.

Econometrica’s Experience and Capabilities Related to Serving People With Disabilities

Econometrica’s Experience and Capabilities Related to Serving People With Disabilities

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Projects Involving People With Disabilities

Econometrica’s subject matter experts and project staff have more than 80 years of combined experience working on projects related to chronic health conditions and disabilities.

Post-Acute Care (PAC) Training, Centers for Medicare & Medicaid Services (CMS)

For over 7 years, Econometrica has developed and provided training to PAC providers on interviewing and assessing patients with regard to their disabilities and other medical conditions. PAC includes rehabilitation and palliative care for patients who have had treatment for a short-term medical condition, such as a severe injury, short-term illness, or surgery, and require continued medical care and assistance with daily living activities. We have created live in-person trainings and remote webinars, asynchronous e-learning courses, training videos, and associated job aids and documentation. We have trained more than 250,000 PAC medical providers across five care settings.

State Data Resource Center, CMS

By analyzing, organizing, and publishing Medicare data for States, Econometrica’s work on the State Data Resource Center project helped address care fragmentation issues for people who are dually eligible for Medicaid and Medicare. Econometrica conducted research, presented webinars, authored white papers, and developed a data portal to make these important data more accessible. People who are dually eligible for Medicaid and Medicare—including those who receive long-term care services and support for disabilities (49 percent of the dually eligible population) and those who have multiple chronic conditions (60 percent)—experience high rates of chronic illness.1 Econometrica’s work with Medicaid and Medicare data helped provide insight into the needs of people with disabilities.

Programs of All-Inclusive Care for the Elderly (PACE), CMS

PACE provides home- and community-based services for Medicaid and Medicare beneficiaries who want to stay at home and need a nursing home level of care to do so. PACE participants have multiple disabilities and need assistance with daily living activities such as dressing, bathing, transferring, toileting, eating, and walking. PACE participants have on average six chronic medical conditions, and 90 percent are dually eligible for both Medicaid and Medicare.2 Econometrica conducted 31 site visits to PACE organizations and interviewed PACE staff, caregivers, and participants to better understand the type of care received by PACE participants and how to systematically assess the quality of care delivered through the program. Our team conducted 15 technical expert panel meetings and hosted discussions with experts in the field to analyze existing quality measures and propose new ones, three of which are now endorsed by the National Quality Forum. Through this research, we learned more about the intricate needs of medically fragile Medicare and Medicaid beneficiaries, their family caregivers, and those who provide essential healthcare services to them.

2 National PACE Association. (2020, March). PACE by the numbers. Retrieved from https://www.npaonline.org/sites/default/files/images/infographic_images/ pace_infographic_update_side1_may2021.pdf.

 

Accessible Training

Econometrica has specific expertise in creating trainings that are fully accessible to all participants. We believe not just in fulfilling the basic obligations of Federal accessibility laws, but also in maintaining the spirit of those laws, making information access for people with disabilities as close as possible to the experience of those without disabilities. We have dedicated Learning Solutions and Section 508 Compliance teams that provide expertise, tools, and procedures from the beginning of each project to ensure accessibility prior to public release. Since we plan for accessibility from the start, we provide our clients with realistic expectations and avoid costly rework.
As more communication moves online, Econometrica excels in providing online training that is accessible to people with disabilities in both instructor-led live sessions and asynchronous, self-paced e-learning courses.

Instructor-Led Live Trainings In-Person Training

Econometrica ensures that the in-person trainings we conduct are accessible. We provide closed captioning during the event and ensure that all facilities are compliant with the Americans with Disabilities Act. Additionally, we simulcast our trainings so that those who have barriers to travel can participate online. We utilize technology that allows remote attendees to participate in any participant interactions, such as answering knowledge check questions, submitting questions to presenters, and evaluating the training.

Webinars

Econometrica designs and facilitates engaging webinars for audiences ranging in size from more than 1,000 to 35. Our webinars include both live captions during the presentation and edited captions in the recordings to ensure all acronyms and technical terms are correct for those with hearing disabilities. All supporting documentation, such as slide decks and job aids, are made Section 508 compliant prior to release.

Asynchronous E-Learning

Econometrica’s instructional designers make deliberate e-learning decisions with learners with disabilities in mind, such as minimizing the use of audio narration so as not to conflict with screen readers and including alternate text for figures and images. Econometrica develops courses using Articulate Rise, which has more built-in accessibility advantages than traditional, slide-based e-learning platforms:

    • The web-based platform allows updates to courses to be made and pushed live immediately, so learners with disabilities do not have to wait weeks for an accessible version of the updated information.
    • Content automatically adjusts to fit the screen of different devices (such as a computer, tablet, or phone), so learners with disabilities can use any device with their accessibility software.
    • Interactions that increase learner engagement, such as sorting, matching, and flashcards, are all Section 508 compliant in Articulate Rise and allow for keyboard navigation, unlike other platforms.

Econometrica has spent years understanding the needs of people with disabilities. We are passionate about inclusively designing communications and trainings for all. Please reach out to us to discuss how we can bring our expertise to your next contract or event.

Need experience and capabilities related to serving people with disabilities? Contact Us.

Our experts are here to help you. For a quick, direct response, visit us online and email a member of our executive staff in your preferred specialty.

A Health Equity Lens Brings Meaningful Focus to Research

A Health Equity Lens Brings Meaningful Focus to Research

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Now more than ever, equity—and particularly health equity—are trending topics in the United States. Government, nonprofit, and private organizations alike are examining programs and services to prevent disparities in how socially disadvantaged populations access and use them.

At Econometrica, we refer to health equity as a “lens” because we use it to bring a sharper focus to every project. Whether it is analytical services, technical support, web-based training, instructional design, or collaborating with stakeholders, this lens helps us refine our work. An emphasis on diversity of race, ethnicity, age, gender identity, sexuality, ability, politics, discipline, and geography makes sure we represent all voices. We also consider social determinants of health (SDOH): the environment where a person is born, lives, learns, works, and ages that plays a role in their health and quality of life. Being mindful of health equity helps us identify systems of oppression that can skew results. With that awareness, we can develop effective solutions, leading to meaningful, real-world outcomes.

Health Equity in Action: Quality Measures

During a recent project for the Centers for Medicare & Medicaid Services (CMS) Program for All-Inclusive Care for the Elderly (PACE), Econometrica identified and developed a new set of quality measures to promote the transparent comparison of the quality of participant care. The National Quality Forum (NQF), an organization that sets standards for quality measurement in healthcare, endorsed three of these new measures.

One key gauge of PACE’s success is whether participants can maintain living in the community. This includes living options such as assisted living facilities, affordable housing for older individuals, or in their own homes with the aid of a caregiver, rather than long-term nursing homes or hospitals. However, compared to urban areas, rural areas have fewer of these community living options 

In order to cultivate results that provide an accurate picture of how PACE is performing, Econometrica designed a measure of “community” that did not penalize communities with fewer living options. We flipped the framing of the measure, instead deciding to frame the measure as the percentage of PACE participants who reside in long-term nursing homes or hospitals. This changed measure was more inclusive of all communities, even those with limited living choices.

In addition to the more inclusive measure of community, we used the following methods with health equity in mind:

    • Oversampled rural sites to maintain perspective
    • Disaggregated, or separated, measure testing data by gender and age to identify underlying patterns
    • Ensured cultural competency for advanced directive measures

Use SDOH to Ask the Right Questions

Using this health equity lens allows us to formulate the right questions, so we have the most effective tools to determine who is really benefitting from a program like PACE. Did it work for everyone in the same way? Were the benefits and burdens equally distributed? The results help policymakers refine the program to more precisely benefit participants.

During the four-year PACE project, Econometrica conducted a wide range of information-gathering activities using health equity as a guide. Our team convened a technical expert panel to engage the input of specialists in the field through 15 panel meetings, interviews, and one-on-one discussion. We made 31 site visits to PACE organizations and interviewed PACE staff, caregivers, and participants.

Commit to Health Equity

Working with partners, managing projects, analyzing data, and developing training materials with an eye on diversity is a natural priority when it is at the forefront of company culture. At Econometrica, we have:

  • A staunch commitment to hiring people with diverse backgrounds and experiences: Econometrica’s team members speak English, Farsi, French, German, Mandarin, and Spanish. We specialize in conducting interviews for non-English speakers and creating culturally appropriate materials.
  • Expertise in working with diverse populations: Our projects have served older adults, adults with disabilities, racially diverse populations, families with children younger than 6, and low-income communities. Our team includes public health and community health researchers, a gerontologist, and former nursing home administrator.
  • Firm dedication to staying on the forefront of the latest trends in health equity research: We follow on-topic learning resources and create scholarly articles, including our newly published policy review, “Innovations to Address Social Determinants of Health.” 

Work With Us, Work for Us

Econometrica specializes in research and management across numerous industries in both the public and private sectors. We are always looking to hire the best and brightest in data science, health, grants management, energy, homeland security, housing and community development, capital markets and finance, and transportation. We work as the lead service provider, and also as a capable outsource partner to other consultancies. To work with us on your next project, visit us online and email a member of our executive staff in your preferred specialty. To explore the benefits of working for us, visit our careers page.