Federal Register / Vol. 88, No. 229 / Thursday, November 30, 2023 / Notices 83571 

DATES: The amendment was issued 

October 11, 2023. 

FOR FURTHER INFORMATION CONTACT: 

Dean Webster, Office of Response and 

Recovery, Federal Emergency 

Management Agency, 500 C Street SW, 

Washington, DC 20472, (202) 646–2833. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that the incident for this 

disaster has been expanded to include 

high winds. 

The following Catalog of Federal Domestic 

Assistance Numbers (CFDA) are to be used 

for reporting and drawing funds: 97.030, 

Community Disaster Loans; 97.031, Cora 

Brown Fund; 97.032, Crisis Counseling; 

97.033, Disaster Legal Services; 97.034, 

Disaster Unemployment Assistance (DUA); 

97.046, Fire Management Assistance Grant; 

97.048, Disaster Housing Assistance to 

Individuals and Households In Presidentially 

Declared Disaster Areas; 97.049, 

Presidentially Declared Disaster Assistance— 

Disaster Housing Operations for Individuals 

and Households; 97.050, Presidentially 

Declared Disaster Assistance to Individuals 

and Households—Other Needs; 97.036, 

Disaster Grants—Public Assistance 

(Presidentially Declared Disasters); 97.039, 

Hazard Mitigation Grant. 

Deanne Criswell, 

Administrator, Federal Emergency 

Management Agency. 

[FR Doc. 2023–26274 Filed 11–29–23; 8:45 am] 

BILLING CODE 9111–23–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Federal Emergency Management 

Agency 

[Internal Agency Docket No. FEMA–4731– 

DR; Docket ID FEMA–2023–0001] 

Colorado; Amendment No. 3 to Notice 

of a Major Disaster Declaration 

AGENCY: Federal Emergency 

Management Agency, DHS. 

ACTION: Notice. 

SUMMARY: This notice amends the notice 

of a major disaster declaration for the 

State of Colorado (FEMA–4731–DR), 

dated August 25, 2023, and related 

determinations. 

DATES: This amendment was issued 

November 1, 2023. 

FOR FURTHER INFORMATION CONTACT: 

Dean Webster, Office of Response and 

Recovery, Federal Emergency 

Management Agency, 500 C Street SW, 

Washington, DC 20472, (202) 646–2833. 

SUPPLEMENTARY INFORMATION: The notice 

of a major disaster declaration for the 

State of Colorado is hereby amended to 

include the following area among those 

areas determined to have been adversely 

affected by the event declared a major 

disaster by the President in his 

declaration of August 25, 2023. 

Jefferson County for Public Assistance. 

The following Catalog of Federal Domestic 

Assistance Numbers (CFDA) are to be used 

for reporting and drawing funds: 97.030, 

Community Disaster Loans; 97.031, Cora 

Brown Fund; 97.032, Crisis Counseling; 

97.033, Disaster Legal Services; 97.034, 

Disaster Unemployment Assistance (DUA); 

97.046, Fire Management Assistance Grant; 

97.048, Disaster Housing Assistance to 

Individuals and Households In Presidentially 

Declared Disaster Areas; 97.049, 

Presidentially Declared Disaster Assistance— 

Disaster Housing Operations for Individuals 

and Households; 97.050, Presidentially 

Declared Disaster Assistance to Individuals 

and Households—Other Needs; 97.036, 

Disaster Grants—Public Assistance 

(Presidentially Declared Disasters); 97.039, 

Hazard Mitigation Grant. 

Deanne Criswell, 

Administrator, Federal Emergency 

Management Agency. 

[FR Doc. 2023–26283 Filed 11–29–23; 8:45 am] 

BILLING CODE 9111–23–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–6432–N–01] 

Notice of Certain Operating Cost 

Adjustment Factors for 2024 

AGENCY: Office of the Assistant 

Secretary for Housing—Federal Housing 

Commissioner, HUD. 

ACTION: Notice. 

SUMMARY: This notice establishes 

operating cost adjustment factors 

(OCAFs) for project-based assistance 

contracts issued under Section 8 of the 

United States Housing Act of 1937 and 

renewed under the Multifamily Assisted 

Housing Reform and Affordability Act 

of 1997 (MAHRA) for eligible 

multifamily housing projects having an 

anniversary date on or after February 11, 

2024. OCAFs are annual factors used to 

adjust Section 8 rents renewed under 

section 515 or section 524 of MAHRA. 

DATES: Applicability Date: February 11, 

2024. 

FOR FURTHER INFORMATION CONTACT: 

Jennifer Lavorel, Director, Program 

Administration Office, Office of Asset 

Management and Portfolio Oversight, 

Department of Housing and Urban 

Development, 451 7th Street SW, 

Washington, DC 20410; telephone 

number 202–402–2515 (this is not a tollfree number). HUD welcomes and is 

prepared to receive calls from 

individuals who are deaf or hard of 

hearing, as well as individuals with 

speech or communication disabilities. 

To learn more about how to make an 

accessible telephone call, please visit 

https://www.fcc.gov/consumers/guides/

telecommunications-relay-service-trs. 

SUPPLEMENTARY INFORMATION: 

I. Background 

Section 514(e)(2) and section 524(c)(1) 

of the Multifamily Assisted Housing 

Reform and Affordability Act of 1997 

(MAHRA) (42 U.S.C. 1437f note), as 

amended, require HUD to establish 

guidelines for the development of 

operating cost adjustment factors 

(OCAFs) for rent adjustments. Similar 

language is found in sections 

524(a)(4)(C)(i), 524(b)(1)(A), and 

524(b)(3)(A) of MAHRA, all of which 

prescribe the use of the OCAF in the 

calculation of renewal rents. MAHRA 

gives HUD broad discretion in setting 

OCAFs. For example, sections 

524(a)(4)(C)(i), 524(b)(1)(A), 

524(b)(3)(A), and 524(c)(1), simply refer 

to ‘‘an operating cost adjustment factor 

established by the Secretary.’’ HUD uses 

a single methodology for establishing 

OCAFs. The sole limitation to this grant 

of authority is a specific requirement in 

each of the foregoing provisions that 

application of an OCAF ‘‘shall not result 

in a negative adjustment.’’ 

OCAFs vary among states and 

territories. Contract rents are adjusted 

by applying the OCAF for the state or 

territory in which the subject project is 

located to that portion of the rent 

attributable to operating expenses 

exclusive of debt service. 

The OCAFs provided in this notice 

are applicable to eligible projects having 

a contract anniversary date on or after 

February 11, 2024. 

II. OCAF Data Sources 

OCAFs are calculated as the sum of 

weighted component cost changes for 

electricity, employee benefits/employee 

wages, fuel oil, goods/supplies/ 

equipment, insurance, natural gas, 

property taxes, and water/sewer/trash 

using publicly available indices. The 

weights used in the OCAF calculations 

for each of the nine cost component 

groupings are set using current 

percentages attributable to each of the 

nine expense categories. The nine cost 

component weights are calculated at the 

state level, which is the lowest level of 

geographical aggregation with enough 

projects to permit statistical analysis. 

These data are not available for the 

Western Pacific Islands, so data for 

Hawaii are used as the best available 

indicator of OCAFs for these areas. HUD 

calculates weights using three years of 

audited Annual Financial Statements 

from projects covered by OCAFs. The 


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