Examples of Compliance Monitoring Fees in a sentence
Thereafter, annual Compliance Monitoring Fees must be paid on or before January 31 of each year for the remaining compliance period including any extended use period.
Annual Compliance Monitoring Fees are set forth in Section 6 above.
The Servicing Fee consists of Allocation Fees (2%) and Compliance Monitoring Fees (.75%).
Compliance Monitoring Fees (annual):$75 per low-income unit within a multiple building project$85 per low-income unit when each BIN is its own project building$140 per low-income unit for buildings in which the owner has elected average income Reimbursement for Cost Estimator: Applicants with projects involving rehabilitation or adaptive re-use are responsible for the cost of the independent cost estimator.
Thereafter, annual Compliance Monitoring Fees must be paid on or before January 31 of each year for the remaining compliance period, including any extended use.The Division’s AOD system will generate an invoice for each project.
Failure to pay any fee shall cause the funding awarded to be withdrawn as outlined in the credit underwriting and program requirements outlined in Rule Chapter 67-48, F.A.C. All fees set forth below with respect to the SAIL Loan amount, except for Compliance Monitoring Fees and Permanent Loan Servicing Fees, are part of Development Cost and can be included in the Development Cost Pro Forma and paid with loan proceeds.
Compliance Monitoring Fees: The owner of each building to which an allocation of LIHTC has been made by the Authority, prior to the 2011 tax credit funding cycle, shall pay to the Authority an annual compliance monitoring fee of $35 for each LIHTC unit contained in each building.
Compliance Monitoring Fees: The Corporation shall charge an annual compliance‐monitoring fee of $40 per unit, for all units in the project.
The Servicing Fee consists of Allocation Fees (2%) and Compliance Monitoring Fees (.5%).
In order to be eligible to participate, project participants must be current in all outstanding fees owed to DCA, including but not limited to Compliance Monitoring Fees and LIHTC allocation fees.