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Amendment to Developer Fee Calculation


Thursday, December 1, 2016

Introduction

Issued: November 17, 2016
In order to simplify process, provide clarity to applicants, and reduce conflicting requirements, the Department of Housing and Community Development (DHCD) has amended the allowable developer fee calculation as detailed in this communication. The amended calculation works to better align with the calculation currently in use by the DC Housing Finance Agency (DCHFA) for Low Income Housing Tax Credit/tax exempt bond projects.