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Is there a rental monitoring fee for the work performed by the Community Development Commission on density bonus projects?

April 26, 2017Bonus Commission density Development fee monitoring Performed rental

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Is there a rental monitoring fee for the work performed by the Community Development Commission on density bonus projects?

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Yes. Developers of density bonus rental units pay a monitoring fee of $75.00 per unit per year. That fee is adjusted from time to time to offset increases in administrative costs.