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HUD RELEASES OPERATING COST ADJUSTMENT FACTORS FOR 2013

Tuesday, October 16, 2012 - 7:00AM

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 Feb. 11, 2013. 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 2013 OCAFs are effective Feb. 12, 2013.

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