Hud Ocaf Factor 2025. 2025 English Calendar Plan Vector, Calendar, 2025, English PNG and Vector with Transparent HUD is also seeking public input on technical changes to its OCAF calculation method and invites interested persons to. Operating Cost Adjustment Factors are used for adjusting or establishing Section 8 rents for projects assisted with Section 8 Housing Assistance Payments under the Multifamily Assisted Housing Reform and Affordability Act of 1997 (MAHRA).
2024 OCAF HUD's Latest Operating Cost Adjustments from www.navigatehousing.com
Annual Rent Adjustments and Utility Analysis Requirements Rent Adjustments RAD HAP contracts receive an Operating Cost Adjustment Factor (OCAF) rent adjustment annually on the contract anniversary date Today, the Office of Multifamily Housing published a Federal Register notice establishing operating cost adjustment factors (OCAFs) for project-based assistance contracts for eligible multifamily housing projects having an anniversary date on or after February 11, 2025.
2024 OCAF HUD's Latest Operating Cost Adjustments
On December 11, 2024, the FY2025 OCAF rates were published in the Federal Register On December 11, 2024, the FY2025 OCAF rates were published in the Federal Register In addition to the OCAF adjustment, many RAD HAP contracts are subject to the Maximum Rent application that was introduced in 2015 but made retroactive to the first RAD conversions.
2024 OCAF HUD's Latest Operating Cost Adjustments. The Department of Housing and Urban Development (HUD) on December 11 announced the 2025 Operating Cost Adjustment Factors (OCAFs) with a national average of 4.8% for 2025, half a percent below the current year's 5.3% average. OCAFs are annual factors used to adjust section 8 rents renewed under section 515 or section 524 of the Multifamily Assisted Housing Reform and Affordability Act of 1997.
Ocaf Worksheet. In addition to the OCAF adjustment, many RAD HAP contracts are subject to the Maximum Rent application that was introduced in 2015 but made retroactive to the first RAD conversions. The Department of Housing and Urban Development establishes the rent adjustment factors — called Annual Adjustment Factors (AAFs) — on the basis of Consumer Price Index (CPI) data relating to changes in residential rent and utility costs.