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HUD Publishes OCAFs for Fiscal Year 2006

Friday, October 21, 2005 - 1:45AM

The U.S. Department of Housing and Urban Development today published operating cost adjustment factors (OCAFs) for Section 8 rent adjustments at contract renewal for fiscal year 2006. OCAFs are used to calculate rent adjustments under section 524 of the Multifamily Assisted Housing Reform and Affordability Act of 1997, as amended by the Preserving Affordable Housing for Senior Citizens and Families into the 21st Century Act of 1999, and under the Low-Income Housing Preservation and Resident Homeownership Act of 1990. For more information, click here.

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