HUD to Publish FY 19 Inflation Factors for HCV Program

Tomorrow, HUD will publish its Fiscal Year (FY) 2019 Renewal Funding Inflation Factors (RFIFs) for the Housing Choice Voucher (HCV) Program. These factors are applied to PHAs’ FY 2018 HCV Housing Assistance Payment (HAP) spending to determine HCV HAP eligibility for FY 2019 (i.e., the inflation factor is applied to how much a PHA spent in the previous year to determine how much it is eligible for this year, assuming Congress has fully funded the HAP account). The national inflation factor is 4 percent, though individual PHAs will have different factors depending on their location. The FY 2019 inflation factor calculation methodology remains the same as FY 2018 methodology.

A pre-publication copy of the notice can be found here.

When published tomorrow (4/17/2019), the full RFIFs can be found here.