Friday, November 5, 2010

OCAF's Coming Out Monday; Oregon's is Down to 2.6%

Operating Cost Adjustment Factors, used to adjust certain project based Section 8 rents will be in the Federal Register on Monday.  (Draft of that notice is HERE) .

A quick review shows that the Oregon FY 2011 OCAF will be 2.6% , a reduction from the 3.2% FY 2010 Oregon OCAF. 

The quick table I prepared below shows historical OCAF data by Fiscal Year for Oregon, Washington, and Idaho.


FY Oregon OCAF Washington OCAF Idaho OCAF
FY 2011 2.60% 2.70% 3.00%
FY 2010 3.20% 3.90% 4.50%
FY 2009 7.90% 2.30% 4.70%
FY 2008 3.30% 6.00% 6.10%
FY 2007 3.10% 3.10% 3.10%
FY 2006 3.50% 3.50% 3.80%
FY 2005 2.20% 2.40% 1.90%
FY 2004 6.20% 5.50% 5.60%
FY 2003 2.00% 2.80% 2.50%
FY 2002 3.70% 3.60% 3.60%
FY 2001 3.10% 3.30% 3.20%
FY 2000 2.70% 2.40% 2.50%
FY 1999 2.30% 2.60% 2.30%

I will likely do an additional post once I get a chance to look more closely at the notice and data. 

Originally created and posted on the Oregon Housing Blog.

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