Connecticut Administrative Code
Title 8 - Zoning, Planning, Housing, Economic and Community Development
214h - Limited Equity Cooperative/Mutual Housing Association Program
Limited Equity Cooperative/Mutual Housing Association
Section 8-214h-18 - Definitions
Universal Citation: CT Reg of State Agencies 8-214h-18
Current through September 9, 2024
(a) "Developers' Fee" means a bonus earned by developers that have successfully completed key events in the development process.
(b) "Key Events" means the four main phases in the development process:
(1) Preliminary Application Approval,
(2) Final Application Approval,
(3) Construction Start; and
(4) Construction Completion.
(c) "Successfully Completed" means completion of key events in a timely manner.
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