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HUD Announced Revised Annual Adjustment Factors for Adjustment of 2005 Section 8 Contract Rents

Friday, January 14, 2005 - 7:15AM

The U.S. Department of Housing and Urban Development (HUD) today announced revised Annual Adjustment Factors (AAFs) for adjustment of Section 8 contract rents for specified programs in 2005. These factors apply to housing assistance payment contract anniversaries for calendar months commencing after the date of publication of this notice. The AAFs are based on residential rent and utilities time-series cost indices from the Bureau of Labor Statistics' Consumer Price Index (CPI) survey and from HUD's Random Digit Dialing (RDD) rent change surveys. The 2005 AAFs are effective today.

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