R.C.S.A. § 8-218c-30
Definitions
Cite as Conn. Agencies Regs. § 8-218c-30
The following definitions apply to Sections 8-218c-30 through 8-218c-32 of the Regulations
of Connecticut State Agencies:
(a) "Developers' Fee" means a bonus earned by developers that have, as determined by the
commissioner, demonstrated successful project performance.
(b) "Project Cost" means the amount of financial assistance approved by the state bond
commission, not including the developer's fee, for the expenses of acquisition, development,
project selection, construction, rehabilitation, renovation and oversight of existing
or planned low and moderate income housing or to make loans for construction, rehabilitation
and renovation of such housing.