Sign Up For Novogradac Industry Alert Emails

HUD RELEASES OPERATING COST ADJUSTMENT FACTORS FOR 2012

Wednesday, October 26, 2011 - 1:15AM

The U.S. Department of Housing and Urban Development today published a notice establishing the operating cost adjustment factors (OCAFs) for project-based assistance contracts for eligible multifamily housing projects having an anniversary date on or after February 11, 2012. The factors are used to adjust Section 8 rents renewed under section 524 of the Multifamily Assisted Housing Reform and Affordability Act of 1997. The 2012 OCAFs are effective February 12, 2012.

Learn more about Novogradac's expertise and many services