Tuesday, October 16, 2012

Oregon OCAF for FY 2013 is 2.4%; State Table and Notices of All OCAFS for Last 15 Years Published.

The Tuesday October 16th Federal Register has HUD's 2013 state level OCAF's (Operating Cost Adjustment Factors). OCAF's are used to adjust rents for many projects with Section 8 project based rent contracts. Key data: 
  • Oregon's 2013 2.4% OCAF is higher than the national average of 2.1%, and identical to the Washington State OCAF. 
  • Oregon's 10 year average OCAF of 3.6% is higher than the 3.4% 10 year average OCAF for Washington and higher than the 10 year US average OCAF of 3.4%.   
The effective date for these OCAF's is Feb 11, 2013.

I have updated a prior PDF HERE that includes:
  • A table showing ALL OCAF's for ALL states from 1999 to 2013.
  • The Federal Register publication for each year. 
[This is the only place on web where you will find a 15 year historical table AND FR publication of all state OCAF's].

Originally created and posted on the Oregon Housing Blog.

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