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Small Business Day Forum 8/24 Register Today!
Econometrica has won over $73 million in Federal contracts over the past 5 years. Our current contract vehicles include efforts for the Centers for Medicare & Medicaid Services (CMS), Substance Abuse and Mental Health Services Administration (SAMHSA), U.S. Department of Housing and Urban Development (HUD), and Government National Mortgage Association (Ginnie Mae).
Econometrica will be hosting a FREE virtual event for small businesses interested in new partnerships. The event will include an introduction to what our team brings to the table, followed by a structured networking session for attendees to explore potential partnerships with us or other attendees.
Fair Market Rents
Fair Market Rents (FMRs) are estimates of gross rent in a local market, which the U.S. Department of Housing and Urban Development (HUD) uses to administer its public and other assisted housing programs. Each year, HUD estimates FMRs for more than 600 metropolitan areas and almost 2,000 nonmetropolitan county areas. HUD allows public housing authorities (PHAs) and other organizations that operate the Section 8 program to request a reevaluation of their FMRs by conducting a HUD-prescribed local rental housing survey and submitting the data to HUD for review and approval.
Housing Instability Has an Inverse Relationship with Mental Illness
Housing instability has an inverse relationship with mental illness (stress, anxiety, behavioral issues, etc.). The COVID-19 pandemic has further exacerbated housing insecurity for Hispanic, Black and other minority renters across the United States. The highest State-level rates of housing insecurity were in the South (Mississippi, Louisiana, Texas, and Florida), along with Metro areas (Nevada, New York, New Jersey), that happen to be inhabited by large minority populations. Housing insecurity intensifies mental ailments among those who are most impacted. Econometrica welcomes the opportunity to assist HUD and other entities that are promoting mental health through secure housing options.
HUD Publishes Guidance Materials About Radon
The U.S. Department of Housing and Urban Development (HUD) recently published fresh guidance related to radon in housing on the HUD Exchange site. Econometrica is working with HUD to develop the guidance to raise awareness about the dangers of radon and strategies to reduce exposure. Radon is an odorless, colorless gas that is a risk factor for lung cancer when it accumulates inside a home. With testing and mitigation, exposure to radon can be reduced to safe levels.