HUD Sets Certain Operating Cost Adjustment Factors for 2019
Operating Cost Adjustment Factor (OCAF) rent increases are based on the OCAFs HUD releases annually in the Federal Register. Eligibility is determined by your HAP contract. If the Rent Adjustment section of your contract or plan of action refers to OCAF adjustments, you’re eligible to submit an OCAF request. Generally, sites that have renewed under the Multifamily Assisted Housing Reform and Affordability Act of 1997 (MAHRA) are eligible to submit OCAF rent adjustment requests.