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Automatic OLAF Rent Increase HUD has streamlined the rent increase process for multi-year contracts that have been renewed under the Multifamily Assisted Housing Reform and Affordability Act (MARA)

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What is when are ocaf factors?

OCAP factors stands for Operating Cost Adjustment Factors. They are used in the affordable housing industry to adjust rent prices based on changes in operating costs.

Who is required to file when are ocaf factors?

Property owners and management agents of affordable housing properties are required to file OCAF factors.

How to fill out when are ocaf factors?

To fill out OCAF factors, property owners and management agents must gather and provide information on various operating costs and submit the factors to the relevant housing agency.

What is the purpose of when are ocaf factors?

The purpose of OCAF factors is to ensure that the rent prices of affordable housing properties accurately reflect changes in operating costs over time.

What information must be reported on when are ocaf factors?

When filing OCAF factors, property owners and management agents must report information on operating costs such as utilities, insurance, maintenance, and property taxes.

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