Development Cost Budget definition

Development Cost Budget means any budget prepared by the Authority pursuant to Section
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Development Cost Budget has the meaning set forth in Section 3.2(e).
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Development Cost Budget means (a) the Joint Development Cost Budget or (b) Early Program Development Cost Budget, as applicable
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Examples of Development Cost Budget in a sentence

  • With respect to Projects which were under ACC on the effective date of this subpart, the Total Development Cost Budget shall be revised, if finan- cially feasible, to include the cost of the appraisals which are necessary for computation of the initial purchase prices pursuant to § 904.113.

  • This amount shall constitute the maximum amount that may be in- cluded for such purposes in the project development cost; provided that, if the approved amount is less than $500 per dwelling unit, it may, if necessary, be amended with HUD approval, but not later than the Final Development Cost Budget and subject to the $500-per-unit limitation.

  • This Schedule and debt service amount shall be computed on the basis of the initial purchase price, a 30-year period, 3 and a rate of interest equal to the minimum loan interest rate as specified in the Annual Contributions Contract for the Project on the date of HUD approval of the Development Cost Budget, described in para- graph a of this section, rounded up, if nec- essary, to the next multiple of one-fourth of one percent (1⁄4 percent).c.

  • However, such costs shall not be in- curred until after HUD approval of the counseling and training program.(2) Upon HUD approval of the coun- seling and training program, the LHA shall include the approved amount in its Contract Award Development Cost Budget.

  • The Schedule and debt service amount shall be computed on the basis of the initial purchase price, a 30-year period, 2 and a rate of interest equal to the minimum loan interest rate as specified in the Annual Contributions Contract for the Project on the date of HUD approval of the Development Cost Budget, de- scribed in paragraph (a) of this section, rounded up, if necessary, to the next multiple of one-fourth of one percent (1⁄4 percent).

  • Current monitoring fees shall include a total initial set-up of $500 to be included in the Total Development Cost Budget, plus annual fees as follows to be included in the Annual Operating Budget.

  • The Mortgage Credit Branch shall review the Development Cost Budget (Form HUD 52484) in accordance with Chapter 3, Section 14.

  • The Preliminary Development Cost Budget assumes that the Hotel portion of the Project will be required to pay all fees normally required including Impact Fees (water, sewer, and parks) as such fees cannot be waived.

  • Development funds, as used in this paragraph, are funds remaining in the Development Cost Budget, funds remaining in the Annual Contributions Contract (ACC) in excess of the Development Cost Budget, or development amendment funds.

  • The PCR Unit, upon receipt of the PHA Development Cost Budget (Form HUD 52484) or thirty (30) days from the date of the Housing Director's letter, shall notify the MHR.

Related to Development Cost Budget

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Project area budget means a multiyear projection of annual or cumulative

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Research Budget has the meaning set forth in Section 3.2.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Approved Budget means an annual budget-

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • 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.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Public improvement costs means the costs of:

  • Development Project means a project for the development of land within a

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • Development Plan has the meaning set forth in Section 3.2.

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.

  • CapEx Budget means the annual budget for the Asset Entities taken as a whole covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Capital Expenditures consisting of discretionary expenditures made to acquire fee or easement interests with respect to any Ground Lease Tower Site or Easement Tower Site, or non-recurring expenditures made to enhance the Operating Revenues of a Tower Site.