New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 43 - NEIGHBORHOOD PRESERVATION BALANCED HOUSING PROGRAM
Appendix L

Universal Citation: NJ Admin Code L
Current through Register Vol. 56, No. 6, March 18, 2024

For purposes of 5:43-2.4(a)2, soft cost shall consist of exclusively of the following: Accounting

Affordability controls administrative fees

Appraisal

Architect fees

Closing costs

Construction fees

Construction interest

Construction management

Cost certification

Cost of issuance

Equipment and furnishing

Engineer

Environmental report

Financing fees

HMFA bond commitment fee

Housing consultant

Insurance during construction

Legal fees

Market study

Marketing and lease-up

Negative arbitrage

Soil borings

Survey

Taxes during construction

Title costs

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