MASTER FEE SCHEDULE FEE BULLETIN
Chapter 19 – Housing Authority
19-100 General Housing Authority Fees
City of Chula Vista Development Services
276 Fourth Avenue, Chula Vista, CA 91910 April 2018
City of Chula Vista www.chulavistaca.gov 619.585.5600
TEFRA HEARING FEE
Applies to public hearings conducted pursuant to
Section 147(f) of the Internal Revenue Code, in
compliance with the Tax Equity and Fiscal
Responsibility Act of 1982 (TEFRA). The TEFRA
Hearing Fee s hall only be charged if the City or
Housing Authority does not serve as the Issuer of
the subject bonds.
TEFRA Hearing fee, non-refundable ............ $3,500
ISSUANCE DEPOSIT & FEE
Issuance Deposit
An issuance deposit shall be collected at the time
of application submission. The deposit is
nonrefundable, unless the Housing Authority or
CDLAC declines the proposed financing. If the
financing proceeds, the issuance deposit is applied
to offset issuance fees at closing.
Issuance deposit ........................................... $3,500
Issuance Fee
The Housing Authority charges issuance fees
associated with the application, preparation and
issuance of multifamily housing revenue bonds on
behalf of a Project Sponsor. Issuance fees shall be
assessed based on the total original principal
amount of the bonds (both tax -exempt and
taxable) to be issued, and are inclusive of the
TEFRA Hearing.
Issuance fee ....................... 20 basis points (0.20%) Minimum Issuance fee ............................... $15,000
ANNUAL ADMINISTRATIVE FEE
An annual fee for the ongoing administration and
monitoring costs (e.g. financial and site
monitoring, and annual reporting) of Housing
Authority issued Bonds required throughout the
Qualified Project Period and until expiration of the
CDLAC Compliance Period, reportable to CDLAC.
Administrative fees shall be assessed on a dwelling
unit (DU) basis.
Annual Administrative Fee
0 – 50 DUs .................................................. $13,000 51 – 199 DUs .............................................. $17,000 200 or more DUs ........................................ $21,000 Additional Staff Services ............ Full Cost Recovery
COMPLIANCE FEES (NON-BOND)
Applies to projects subject to a regulatory
agreement or restrictive covenant enforced by the
City of Chula Vista or the Chula Vista Housing
Authority, including inclusionary and density
bonus units. Projects subject to the Annual
Administrative Fee applied to projects receiving
Housing Authority issued bonds shall be exempt
from the Annual Monitoring Fee. Project setup
fees are due at the time of recordation of the
agreement; monitoring fees are due annually upon
invoicing.
Project Setup Fee (per project) ....................... $300 Annual Monitoring Fee (per unit) ..................... $70
FULL COST RECOVERY
For all full cost recovery fee items, an initial deposit shall be collected to cover the City’s full cost,
including overhead, incurred in conjunction with
review and processing as request by the applicant.
Additional funds may be collected, as requested by
applicant. Additional funds may be collected as
required, to cover City costs. Should the
application be withdrawn at any time, the deposit
shall be adjusted to cover the City’s actual costs,
May 2010 MASTER FEE SCHEDULE FEE BULLETIN 16-200 Page 2 of 2
City of Chula Vista www.chulavistaca.gov 619.691.5021
including overhead, up to that time. Any funds
remaining on deposit at the time of the completion
or withdrawal of the application shall be returned
to the depositor, after accounting for expenses
incurred to date.
See Master Fee Schedule Bulletins 1 -100 and 1 -
200 for additional discussion of full cost recovery
and current hourly rates.