HUD: Renewal Funding Inflation Factors

Renewal Funding Inflation Factors are used in the allocation of Housing
Choice Voucher funds among Public Housing Agencies. Prior to FY 2012,
these factors were called Renewal Funding Annual Adjustment Factors.
In the FY 2012 HUD Appropriations bill, Congress changed the name of
these factors in recognition of HUD’s new methodology for calculating
the factors, which now take advantage of ongoing PD&R research aimed
at better understanding the drivers of change in per-unit-costs (PUC)
in the voucher program. Renewal Funding Inflation Factors have been
developed to account for the expected annual change in average PUC in
the voucher program using historical program data, coupled with several
economic indices used to capture key components of the economic climate
which also assist in explaining the changes in PUC. <br><br>***<br>Microdata: Yes<br>Level of Analysis: Local - FIPS, area name, area code, county; Individual - Renewal Funding Inflation Factors<br>Variables Present: Yes<br>File Layout: .xlsx<br>Codebook: No<br>Methods: Yes<br>Weights (with appropriate documentation): Yes<br>Publications: Yes<br>Aggregate Data: No