The forecasts of the gross rent index and calculation of the resulting trend factor for Louisville, KY-IN HUD Metro FMR Area are shown below.
| CY2017 Actual Gross Rent Index | FY2019 Forecasted Gross Rent Index | Calculated Trend Factor |
|---|---|---|
| 296.9840 | 313.9810 | 313.9810 / 296.9840 = 1.0572 |