Annual Adjustment Factors for 2007

From: HUD USER News
 
Annual rent adjustments are required for housing units
receiving assistance under Section 8 of the U.S. Housing
Act of 1937. To help meet this requirement, HUD has
developed rent adjustment factors, known as the Annual
Adjustment Factors (AAFs). AAFs are calculated based on
changes in residential rent and utility costs for
specified geographic areas, according to Consumer Price
Index and other survey data. The AAFs for 2007 were
published in the Federal Register on February 1, 2007
and are available electronically from HUD USER
at www.huduser.gov/datasets/aaf.html.
 
The adjustments are shown in two schedules: one for
adjusting the rent of units where the highest-cost
utility is included in the contract rent, and the other
for units where the tenant pays for the highest-cost
utility. Separate AAF schedules are also shown for
specified geographic areas.
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