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Notice of Certain Operating Cost Adjustment Factors for 2025
Today, HUD published a Notice in the Federal Register establishing Operating Cost Adjustment Factors for 2025. The comment period ends in 30 days (01/10/2025).
This notice establishes operating cost adjustment factors (OCAFs) for project-based assistance contracts issued under section 8 of the United States Housing Act of 1937 and renewed under the Multifamily Assisted Housing Reform and Affordability Act of 1997 (MAHRA) for eligible multifamily housing projects having an anniversary date on or after February 11, 2025. OCAFs are annual factors used to adjust section 8 rents renewed under section 515 or section 524 of MAHRA. Additionally, OCAFs are part of an allowable method of rent adjustment for project-based voucher contracts pursuant to the provision at section 8(o)(13)(I) of the United States Housing Act of 1937 that was implemented June 6, 2024. Through this notice HUD also seeks public input on the technical changes to its OCAF calculation method.DATES:
Comment due date: January 10, 2025.
Applicability Date: February 11, 2025.
