Part Understanding Section 8 Fair Market Rent, also called the Property Choice Voucher Program, gives hire assist with low-income families, ensuring they are able housing. The U.S. Division of Property and Urban Growth (HUD) establishes Fair Industry Lease for different areas, which will be crucial for setting the utmost subsidy levels. FMR is calculated on the basis of the cost of modest rental models in your area, including utilities but excluding telephone services.