For purposes of 5:43-2.4(a)2, soft cost shall consist of exclusively of the following: Accounting
Affordability controls administrative fees
Appraisal
Architect fees
Closing costs
Construction fees
Construction interest
Construction management
Cost certification
Cost of issuance
Equipment and furnishing
Engineer
Environmental report
Financing fees
HMFA bond commitment fee
Housing consultant
Insurance during construction
Legal fees
Market study
Marketing and lease-up
Negative arbitrage
Soil borings
Survey
Taxes during construction
Title costs
N.J. Admin. Code Tit. 5, ch. 43, app L
See: 38 N.J.R. 3711(a), 39 N.J.R. 2517(a).