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HUD Issues Operating Cost Adjustment Factors for 2018

Wednesday, November 1, 2017 - 11:30AM

The U.S. Department of Housing and Urban Development (HUD) will publish in tomorrow’s Federal Register the operating cost adjustment factors (OCAFs) for project-based rental assistance Section 8 contracts with an anniversary date of Feb. 11, 2018, or later. OCAFs are used primarily to adjust rents for contracts renewed under Sections 515 and 525 of the Multifamily Assisted Housing Reform and Affordability Act of 1997. The 2018 OCAFs have a national average of 2.2 percent and range from 2.9 percent for Alaska to 0.9 for the Pacific Islands.

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