Dense
New Member
This is incredibly helpful - thank you both for your responses. And it makes sense to me
Do we know how the cash contributions are calculated? Or the formula used by staff?
I'm not sure if it's an extension of the 4% CBC requirement based on land value as you may need to get appraisals done - which wouldn't be very efficient for an MV. Could just be a $X figure applied to just GFA or per unit...?
Do we know how the cash contributions are calculated? Or the formula used by staff?
I'm not sure if it's an extension of the 4% CBC requirement based on land value as you may need to get appraisals done - which wouldn't be very efficient for an MV. Could just be a $X figure applied to just GFA or per unit...?