Get Hud Ocaf Worksheet
How it works
-
Open form follow the instructions
-
Easily sign the form with your finger
-
Send filled & signed form or save
How to fill out the Hud Ocaf Worksheet online
The Hud Ocaf Worksheet is an essential document for calculating adjustments related to Section 8 rent for multifamily housing contracts. This guide provides a clear and supportive walkthrough to help users accurately complete the form online.
Follow the steps to successfully complete the Hud Ocaf Worksheet.
- Click ‘Get Form’ button to obtain the Hud Ocaf Worksheet and open it in the editor.
- Begin by entering the project name, project address, project owner, FHA project number, total units in the project, and total Section 8 units in the project in the designated fields.
- Fill in the date of submission and leave space for the date received by HUD, which will be filled in by the processing office.
- Calculate the current Section 8 rent potential for expiring contracts by entering the unit type, number of units, and current Section 8 contract rents for each entry. Multiply the number of units by the current rents to get the current Section 8 rent potential.
- Total the current Section 8 rent potential in the monthly and annual sections clearly labeled at the bottom of the calculation area.
- Proceed to calculate the increase factor adjusted by OCAF for non-expiring Section 8 contracts as well as others as prompted in the form. Ensure correct calculations to maintain accuracy.
- Continue your calculations, moving through each step in the form for the remaining sections, ensuring all necessary figures are accurately input.
- Once all calculations are complete, review all entered data for accuracy, and then you can save changes, download, print, or share the completed form as needed.
Complete the Hud Ocaf Worksheet online today to ensure your calculations are accurate and submitted properly.
HUD OCAFs include nine weighted component cost changes (calculated at the state level) for: wages, employee benefits, property taxes, insurance, supplies and equipment, fuel oil, electricity, natural gas, and water / sewer / trash using publicly available indices.
Fill Hud Ocaf Worksheet
OCAF Rent Adjustment Worksheet HUD-9625. If using the electronic spreadsheet, there are three worksheets, each with a separate tab at the bottom of the page. Document Type: Public Housing Authority OCAF-Rent-Adj.XLS. Simple, accurate calculations for property managers and housing professionals. This resource contains descriptions of options available to owners of Section 8 HAP-assisted properties who wish to renew their HAP contracts. HUD implemented a statutory permanent program directed at. FHA-insured multifamily projects that have project-based Section 8 contracts with above-market rents. Calculate the current Section 8 rent potential for expiring contracts. Enter information for only the.
Industry-leading security and compliance
-
In businnes since 199725+ years providing professional legal documents.
-
Accredited businessGuarantees that a business meets BBB accreditation standards in the US and Canada.
-
Secured by BraintreeValidated Level 1 PCI DSS compliant payment gateway that accepts most major credit and debit card brands from across the globe.