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The Operating Cost Adjustment Factors (OCAF) for 2015 were published in the October 2, 2014 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, 2015 and can be found at  http://www.gpo.gov/fdsys/pkg/FR-2014-10-02/pdf/2014-23475.pdf

In 2013, the Department of Energy (DOE) and the Department of Housing and Urban Development (HUD) partnered to expand the Better Buildings Challenge (BBC) to the multifamily residential sector. Multifamily owners/agents are encouraged to become BBC Partners by submitting a Partnership Agreement to commit to reducing energy and water usage by at least 20 percent within 10 years.

HUD has established a Management Add-On Fee incentive, effective April 24, 2014, to help owners/agents pay for the additional cost of best practices in energy and water consumption.  Please submit a form HUD-9839-A or B to request approval for Add-On Fees.

On April 29, 2014, HUD published the revised 2014 HOME Rent Limits. The only rents that were revised were Low HOME Rent Limits that should have been held harmless based on decreasing 50 percent rent limits.  The rent limits are effective May 1, 2014, and can be found at: https://onecpd.info/resource-library/home-rent-limits/

In June, US Department of Housing and Urban Development (HUD) Secretary Shaun Donovan wrote a letter to Public Housing Agency (PHA) Directors across the country to clarify HUD policy related to criminal history and to encourage more flexible, reasonable admissions policies for people re-entering communities following incarceration.  The letter can be seen at http://usich.gov/resources/uploads/asset_library/Rentry_letter_from_Donovan_to_PHAs_6-17-11.pdf