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HUD Establishes FY 2018 Renewal Funding Inflation Factors

Tuesday, May 29, 2018 - 10:30AM

The U.S. Department of Housing and Urban Development (HUD) will publish in tomorrow’s Federal Register a notice establishing renewal funding inflation factors (RFIFs) to adjust fiscal year (FY) 2018 renewal funding for the Housing Choice Voucher (HCV) program. RFIFs adjust the allocation of HCV funds for local changes in rents, utility costs and tenant incomes. HUD determined the FY 2018 RFIFs by allocating the 3.47 percent national per-unit cost for the HCV program to each public housing agency based on the fair market rents in their area.

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