HUD has published a notice in today’s Federal Register announcing the FY-2012 Annual Adjustment Factors (AFF) for adjustment of contract rents for owners participating in the Section 8 housing assistance payment programs. The AFFs are based on a formula using residential rent and utility cost changes from the Labor Bureau’s most recent Consumer Price Index (CPI) survey. A separate notice will be published that will identify the inflation factors that will be used to adjust tenant-based rental assistance funding for FY-2012.

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