The Operating Cost Adjustment Factors (OCAF) for 2013 were published in the October 16, 2012 Federal Register. 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. The factors are effective February 11, 2013 and can be found at http://www.gpo.gov/fdsys/pkg/FR-2012-10-16/pdf/2012-25289.pdf.
Reminder for HUD and PBCA offices processing rent increases using Auto OCAF:
Once the 2013 Factors are updated in iREMS, please delete any Amend Rents record effective 02/11/2013 and beyond that was created either automatically or manually with the old 2012 Factor. A new record will automatically generate with the new 2013 Factor.
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