FY 2010 OCAF's Released Tomorrow, at 3.2% Oregon's OCAF is Below National Avg of 4.7%

Tomorrow's Federal Register will include the FY 2010 HUD OCAF's (Operating Cost Adjustment Factors) used to adjust rents in many project based Section 8 programs.

• The national average OCAF adjustment factor for FY 2010 is 4.7%;
• for Oregon it is 3.2%;
• for Washington, 3.9%:
• for Idaho, 4.5%.

If you look carefully at the chart you will see that Oregon's 5 year and 10 average adjustments are at or above the national average for those periods.

I have updated the multiyear OCAF state comparison table I previously constructed HERE-it shows ALL the operating cost adjustments by state since FY 1999.

[I will do an updated post tomorrow once the Federal Register publication actually occurs].

Originally created and posted on the Oregon Housing Blog.