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NewB_Senior_4%_Final
<br />Total Costs Per Unit
<br />4%
<br />Credit Basis
<br />9%
<br />Credit Basis
<br />Historic
<br />Credits Basis
<br />Inter‐
<br />med.
<br />Costs Comments
<br />DEVELOPMENT COSTS
<br />PROFESSIONAL FEES
<br />Architect's Fee Total 546,000 3.1%
<br />Architect's Fee ‐ Design 409,500 3,413 409,500 409,500
<br />Architect's Fee ‐ Supervision 136,500 1,138 136,500 136,500
<br />Architect's Reimburseables 2,000 17 2,000 2,000
<br />Marketing 75,000 625
<br />Surveys 26,000 217 26,000 26,000
<br />Soil Borings 9,000 75
<br />Payment & Performance Bond Premium
<br />Building Permit(s)
<br />Sewer‐Water Access Charge 190,800 1,590 190,800 190,800
<br />Other Local Fees 70,000 583
<br />Appraisal Fee 10,000 83
<br />Energy Audit 12,000 100 12,000 12,000
<br />Energy Consultant
<br />Environmental Assessment 23,500 196
<br />Cost Certification/Audit 45,000 375 11,250 11,250
<br />Market Study 6,500 54
<br />Tax Credit Fees (% of credits)
<br />Compliance Fees (1st year)
<br />Furnishings and Equipment 200,000 1,667 200,000 200,000
<br />Legal Fees 200,000 1,667 50,000 50,000
<br />Relocation Costs
<br />Other Fees 25,000 208 25,000 25,000
<br />Other Fees 25,000 208 25,000 25,000
<br />Other Fees
<br />Other Fees
<br />Professional Fees Total 1,465,800 12,215 1,088,050 1,088,050
<br />DEVELOPER FEE
<br />Developer Fee 2,435,200 20,293 2,435,200 2,435,200
<br />Processing Agent
<br />Owner's Construction Representative
<br />Other Consultant Fees
<br />Other
<br />Developer Fee Total 10.9%2,435,200 20,293 2,435,200 2,435,200
<br />SYNDICATOR/INVESTOR FEES
<br />Organization Fees 5,000 42
<br />Bridge Loan
<br />Tax Opinion 7,000 58
<br />Due Diligence Fees
<br />Other Fees
<br />Syndicator/Investor Fees Total 12,000 100
<br />Soft Cost Contingency
<br />Construction Testing
<br />City App/Entitlement Fees
<br />Workbook Development Costs ‐ Page 15 of 32 3/26/2018 5:31 PM
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