TDC Index definition

TDC Index means the calculation described in Section 5.C.
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Examples of TDC Index in a sentence

  • An Application will be rejected if the TDC Index exceeds the TDC Index Cap below for a project of its type at any time prior to the later of the construction loan closing or carryover allocation.

  • If a Project involves more than one project type, the TDC Index Cap for the Project is the average of the TDC Index Caps allocable to each type, weighted by the number of units of each type.

  • The Project’s TDC Index exceeds the TDC Index Cap, or any other failure to meet the threshold requirements in Section 5.

  • Response: Use of the TDC Index provides for higher scoring in projects for older adults which contain one-bedroom units but not family projects, which aligns well with the respective populations’ needs.

  • Section 6.H. - Total Development Cost (TDC) Comment: Avesta Housing suggested that the introduction of the TDC Index discourages the production of one-bedroom units.

  • TDC Index Caps are increased by 3% for Projects that receive Passive House Certification.

  • Comment: Ms. Mitchell also recommended that MaineHousing create greater flexibility in the program funding limits to address the escalating cost of construction.Response: The TDC Index Caps in the Section 5 Threshold Requirements have been increased by 25% over the prior QAP to address the reality of increased construction costs.

  • Additionally, MaineHousing will continue to entertain waivers of the TDC Index caps on a project-by-project basis.

  • Type of Project TDC Index Cap Adaptive Reuse $265,000 per unit New Construction $230,000 per unit Acquisition and Rehabilitation of Existing Housing $150,000 per unit Demolition and reconstruction of all housing on the same site or another site will be treated as new construction.

Related to TDC Index

  • Reference Index means each of the indices comprising the Reference Portfolio.

  • SOFR IndexStart means the SOFR Index value on the day which is two U.S. Government Securities Business Days preceding the first date of the relevant Interest Period (an "Index Determination Date"); and

  • SOFR IndexEnd means the SOFR Index value on the date that is the number of U.S. Government Securities Business Days specified in the relevant Final Terms preceding the Interest Payment Date relating to such Interest Accrual Period (or in the final Interest Accrual Period, the Maturity Date).

  • SONIA Compounded Index means the index known as the SONIA Compounded Index administered by the Bank of England (or any successor administrator thereof);

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.