Total Development Cost definition

Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.
View Source
Total Development Cost means the sum of all anticipated or actual allowable development costs that are necessary to complete the proposed project.
View Source
Total Development Cost means the sum total of all costs in the Development Budget (Cell D138 on Line 126 on Pages 8 - 11 of Form 3).
View Source

Examples of Total Development Cost in a sentence

  • Total Development Cost And Remodeling Cost - The total cost of the project, including the construction of the building and purchase of the land.

  • However, the total of all Acquisition Fees and Acquisition Expenses payable with respect to any Real Property or Real Properties shall not exceed 6% of the Contract Purchase Price or the Total Development Cost (as applicable) of such Real Property or Real Properties unless fees in excess of such amount are approved by a majority of the Directors not interested in such transaction and by a majority of the Independent Directors not interested in such transaction.

  • The total Acquisition Fees paid to the Advisor or its Affiliates shall not exceed (i) 2.0% of the Contract Purchase Price of Real Properties acquired directly or indirectly by the Company for the first $500,000,000 of Real Properties acquired, and 1.0% thereafter, and (ii) 4.0% of the Total Development Cost of Real Properties developed by or on behalf of the Company for services provided by the Advisor, its Affiliates, or sub-contractors thereof.

  • However, the total of all Real Estate Commissions and Acquisition Expenses payable with respect to any Properties shall not exceed six percent (6%) of the Contract Purchase Price or the Total Development Cost (as applicable) of such Properties unless fees in excess of such amount are approved by a majority of the Board of Directors, including a majority of the Independent Directors.

  • The total Real Estate Commissions paid to the Advisor or its Affiliates shall not exceed (i) 3.0% of the Contract Purchase Price of Real Estate Assets acquired directly or indirectly by the Company, and (ii) 4.0% of the Total Development Cost of Properties developed by or on behalf of the Company for services provided by the Advisor, its Affiliates or sub-contractors thereof.


More Definitions of Total Development Cost

Total Development Cost means the total of all costs incurred or to be incurred by the Project in acquiring, constructing, rehabilitating, and financing the Project. For purposes of calculating developer fees, Total Development Cost will be adjusted to exclude developer fees, consultant fees, commercial space construction costs, and all reserves. For purposes of calculating Cost Limits, the purchase price attributed to the land, any costs related to commercial space, and reserves (not eligible for tax credits) will be excluded.
View Source
Total Development Cost means, with respect to a
View Source
Total Development Cost or “TDC” means Total Project Cost less (1) the fees required by MaineHousing, (2) the Project’s operating deficit account to the extent required by MaineHousing and (3) the costs associated with any commercial space developed in connection with the Project.
View Source
Total Development Cost means the sum total of all costs incurred in the construction of a Development all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter.
View Source
Total Development Cost means the sum of all anticipated on site development costs that must be funded in order to complete the proposed project.
View Source
Total Development Cost means the sum of Total Construction Costs; soft costs such as permits, engineering, legal; costs associated with obtaining and carrying a financing package; and acquisition costs.
View Source
Total Development Cost means the sum total of all costs incurred in the construction of a Development all of which shall be subject to the approval by the Credit Underwriter and shall be approved by Florida Housing as reasonable and necessary. Such costs may include, but not be limited to:
View Source