Jump to content

Capping Developer Fees


Recommended Posts

I am a volunteer with a CDC in Pittsburgh and have been assigned the task to find out how CDCs' developer fees are calculated when receiving various funding.

In Pittsburgh, most CDC development projects are supported by funds from the Urban Redevelopment Authority of Pittsburgh (www.URA.org). In receiving these funds, the CDCs must agree to cap their development fees at a rate of 5% of hard costs. Might your city have a similar funding entity? And if so, what is their policy on calculating the CDC developer fees?

If you are able to steer me in the right direction, your assistance will be much appreciated. If you would rather contact me via email, you may reach me at [email protected].

Thank you for your time.

Jonathan Huck

Intern - South Side Local Development Company

Link to comment
Share on other sites

  • Replies 1
  • Created
  • Last Reply


This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.