HUD 9625 OCAF Rent Adjustment Worksheet

Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark to Market)

9625.xlsx

Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark to Market)

OMB: 2502-0533

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Overview

Step1
Step 2 & 3
Certification


Sheet 1: Step1

































Project Name:










Project Address:










Project Owner










FHA Project No.

DUNS Number







Total Units in Project:
Total Section 8 Units In Project








Date of Submission:
Date Received by HUD:


























Step 1:










Calculate the current Section 8 Rent Potential for EXPIRING contracts











(A) (B) (C) (D)

Unit Type and Contract and/or Stage # of Units Current Section 8 Contract Rents Current Section 8 Rent Potential (B x C)




0.00




0.00




0.00




0.00




0.00




0.00




0.00







(E) Monthly Expiring Section 8 Contract Rent Potential






(Total of column D) 0.00







(F) Annual Section 8 Rent Potential for Expiring Contracts






(E x 12) 0.00



















Sheet 2: Step 2 & 3

Step 2:





Calculate Increase Factor Adjusted by OCAF for Expiring contracts











0

(G) Total Annual Rent Potential For


Non-Expiring Section 8 Contracts

(H) Total Annual Rent Potential


For Non-Sec. 8 Units

(I) Total Annual Project Rent Potential


(F + G + H) 0.00

(J) Expiring Section 8 Portion of


Total Project Rent Potential (F ÷ I) #DIV/0!

(K) Total Annual Project Debt Service

(L) Annual Expiring Section 8 Share of Debt Service


(J x K) #DIV/0!

(M) Annual Expiring Section 8 Potential Less Expiring Sec. 8


Share of Debt Service (F - L) #DIV/0!

(N) OCAF Adjustment

(O) Annual Expiring Section 8


Rent Potential Attributed to Operations


Multiplied by Published OCAF (M x N)
#DIV/0!

(P) Adjusted Contract Rent Potential (L + O) #DIV/0!

(Q) Lesser of (P) or Comparable Rent Potential From Rent


Comparability Study

(R) Increase Factor (Q ÷ F) #DIV/0!




#DIV/0! #DIV/0! #DIV/0!



#DIV/0! #DIV/0! #DIV/0! #DIV/0!
Step 3:





Calculate OCAF Adjusted contract Rent Potential for Expiring Section 8 contracts ONLY













(S) (T) (U) (V) (W) (X)

Unit Type and Contract and/or Stage # Units Current Contract Rents OCAF Adjusted Rent (R x U) Annual Adjusted Rent (V x 12) Adjusted Annual Rent Potential (T x W)

0 0 0 #DIV/0! #DIV/0! #DIV/0!

0 0 0 #DIV/0! #DIV/0! #DIV/0!

0 0 0 #DIV/0! #DIV/0! #DIV/0!

0 0 0 #DIV/0! #DIV/0! #DIV/0!

0 0 0 #DIV/0! #DIV/0! #DIV/0!

0 0 0 #DIV/0! #DIV/0! #DIV/0!

0 0 0 #DIV/0! #DIV/0! #DIV/0!








(Y) Annual Adjusted Rent Potential of the Expiring Contracts(s)








(total Column X):
#DIV/0!





























Sheet 3: Certification

I (We) hereby certify that the statements and representations contained in or accompanying this instrument







are true, accurate and complete to the best of my (our) knowledge and belief.
















Project Name:







Owner's Name:







Owner's signature:




Date:



























































































































































































































































































































































































































































































































































































































































































































































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