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.

Total Development Cost means the sum of all anticipated or actual allowable development costs that are necessary to complete the proposed project.

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).

Examples of Total Development Cost in a sentence

The CONTRACTOR agrees to submit to the DEPARTMENT a third-party certification of the Project’s Final Total Development Cost no more than 90 days from the time the Project is placed in service, in a format required by the DEPARTMENT.
Alternatively, the CONTRACTOR has the option to obtain the third-party certification of the Project’s Final Total Development Cost as part of their organization’s annual audit.
If such option is selected, the third-party certification of the Project’s Final Total Development Cost shall be submitted to the DEPARTMENT no later than 90 days from the end of the organization’s fiscal year that is being audited.
For example, if the organization’s fiscal year ends on December 31, the third-party certification of the Project’s Final Total Development Cost shall be submitted to the DEPARTMENT no later than March 30 the following year.

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.

Total Development Cost means, with respect to a

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.

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.

Total Development Cost means the sum of all anticipated on site development costs that must be funded in order to complete the proposed project.

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.

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: