Annual Adjustment Factor (AAF)
Section 8 vouchers and project-based rental assistance receive annual rent adjustments from HUD. HUD adjusts rent levels on the basis of Consumer Price Index data on changes in residential rent and utility costs around the country. HUD publishes the Annual Adjustment Factors annually in the Federal Register.
Related Definitions:
© 2002-2024 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.