HUD Publishes Contract Adjustment Factors

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Tax Credit Advisor, February 2009: The U.S. Department of Housing and Urban Development on 1/12/09 in the Federal Register published a notice announcing the new Annual Adjustment Factors (AAFs) to be used to adjust Section 8 contract rents on assistance contract anniversary dates. The factors are to be applied at Housing Assistance Payment (HAP) contract anniversaries for those calendar months beginning after 1/12/09.

(http://edocket.access.gpo.gov/2009/E9-374.htm)