Post by AF on Jun 9, 2023 20:19:33 GMT
Regarding the developer incentive fee of 15%, in this scenario have you predicted how long it will take for the funding to run out? Is the availability of an interest free loan not enough incentive? If developers were required to repay the full loan amount, then this program could exist in perpetuity. We may never see this level of investment from the Legislature again and we should be good stewards of the funding and recycle it as long as possible.
