HUD Issues Operating Cost Standards Notice

The U.S. Department of Housing and Urban Development (HUD) on Jan. 11, 2010, issued the Operating Cost Standards (OCS) notice, which HUD office staff should use for calculating the annual per person/per unit amount of a Project Rental Assistance Contract (PRAC) when making Fiscal Year 2009 subsidy fund reservations for Capital Advance applications under the subject programs. Standards include percentage adjustment authorizations 7 area that historically significantly exceed the national consumer price index. Find Notice H 10-03 Fiscal Year
2009 Annual Operating Cost Standards - Section 202 Supportive Housing for the Elderly and Section 811 Supportive Housing for Persons with Disabilities Programs.