The Tennessee Housing Development Agency (THDA) will hold a Board meeting on July 25 to discuss preliminary changes to the QAP. An important item of contention is to simplify the calculation of the maximum developer/consultant fees. Comments submitted have expressed concern that the maximum fees would be reduced and that the current calculation is working well. THDA has responded that staff has considered the concerns expressed and recommends that changes to simplify the language and calculation of developer/consultant fees in the QAP will be tabled for this year.
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