HUD Issues Operating Cost Adjustment Factors for 2018

HUD recently published operating cost adjustment factors (OCAFs) for project-based rental assistance Section 8 contracts with an anniversary date on or after Feb. 11, 2018. These factors are used for adjusting or establishing Section 8 rents under the Multifamily Assisted Housing Reform and Affordability Act of 1997 (MAHRA), as amended, for projects assisted with Section 8 Housing Assistance Payments.