Iowa Admin. Code r. 223-48.34
Current through Register Vol. 47, No. 10, November 13, 2024
Applicants must pay a nonrefundable fee for the processing of Parts 2 and 3 of an application. The review fee for Part 2 will be due with the filing of the Part 2 application and will be based on the estimated qualified rehabilitation costs. The fee for review of Part 3 will be due with the filing of the Part 3 application and will be based on the final qualified rehabilitation expenditures. The fee schedule is as follows:
| For projects with qualified rehabilitation expenditures of: | Part 2 Processing Fee | Part 3 Processing Fee |
| $50,000 or less | No cost | No cost |
| $50,001 to $100,000 | $250 | $250 |
| $100,001 to $750,000 | $500 | $500 |
| $750,001 to $6,000,000 | $1,000 | 0.5 percent of final qualified rehabilitation expenditures |
| Over $6,000,000 | $1,500 | $30,000 |
This rule is intended to implement Iowa Code section 404A.3 as amended by 2014 Iowa Acts, House File 2453.
Iowa Admin. Code r. 223-48.34