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HUD to Publish Notice Establishing AAFs for Fiscal Year 2023

Wednesday, March 8, 2023 - 10:00AM

The U.S. Department of Housing and Urban Development (HUD) will publish in Thursday’s Federal Register a notice setting annual adjustment factors (AAFs) for fiscal year 2023. AAFs are used to adjust rents for housing assistance payments (HAP) contracts and for the amount an owner is required to deposit for the Reserve for Replacement account. Two categories of Section 8 programs use AAFs: new construction, substantial rehabilitation and moderate rehabilitation programs; and loan management set-aside and property disposition programs.

Affordable housing regulation will be a topic at the Novogradac 2023 Affordable Housing Conference, April 27-28 in San Francisco.

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