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3. <br />c. After initial reservation, the Regional Administrator <br />may authorize a Field Office to approve costs (which <br />include any local donations) and reserve funds for a <br />project up to 105 percent of the maximum TDC based on <br />the most recentty issued cast limits; only the <br />Assistant Secretary may authorize costs in excess of <br />105 percent of the maximum TDC. <br />24 CFR 941.406(a)(2) permits approval of higher costs <br />if necessary and reasonable to develop a modest non- <br />luxury praject that provides for efficient design, <br />durability, energy conservation, safety. security, <br />economical maintenance. and healthy family life in a <br />neighborhood environment. <br />5. Decreased TDC limits. In some market areas. the attached <br />mits or some unit sizes and structure types are lower <br />than the previous limits. For projects reserved in prior <br />fiscal years on the basis of the previous limits. the limits <br />attached to this Yotice sha11 prevail unless the project has <br />progressed in the development process to the point that <br />lower limits would create an impracticable situation. <br />6. Cost limits for the State of Alaska. In the event that <br />pu ic ous ng pro�ects are eve aped outside the <br />metropolitan market areas of Alaska identified in this <br />Notice, cost limits established on the basis of the <br />statutory methodology for the Indian housing program shall <br />be used. <br />Costs exceedtn the TOC lfmits. A project may not be <br />erm na e simp y ecause cos s cannot be brought within the <br />TOC timits. If a project cannot proceed because the <br />proposed TDC exceeds that which the Field/Regional Office <br />can or will approve, it must be submitted to Headquarters <br />for review. • <br />.-- � <br />ssistant ecreta or <br />Public and Ind�3 Housing <br />Attachment <br />