New RAD guidance allows existing project owners to request rent increases above the current limited Operating Cost Adjustment Factor (OCAF) adjustments at former-public housing properties to ensure financial viability.
- Owners of RAD Component I (public housing) projects may receive a one-time, good cause rent adjustment that exceeds the standard operating cost factor (OCAF) rent adjustment at properties facing extraordinary circumstances.
- Applications can be submitted online through HUD’s RAD Resource Desk beginning on September 30, 2025.
- The effective date for an approved cost factor is the next HAP contract anniversary.
Office Hours for PHAs and their partners on the Alternative OCF will be held on September 25th at 2 P.M. EST.
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