Get Hud Ocaf Worksheet

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.

1. Click ‘Get Form’ button to obtain the Hud Ocaf Worksheet and open it in the editor.
2. 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.
3. Fill in the date of submission and leave space for the date received by HUD, which will be filled in by the processing office.
4. 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.
5. Total the current Section 8 rent potential in the monthly and annual sections clearly labeled at the bottom of the calculation area.
6. 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.
7. Continue your calculations, moving through each step in the form for the remaining sections, ensuring all necessary figures are accurately input.
8. 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.