QUALIFIED EXPENDITURES
Accounting | Electrical Fixtures | Ornamental Metals |
Acquisition | Elevators | Painting |
Alarm / Security | Engineering | Parking Lot |
Appraisal | Environmental | Permanent Financing Costs |
Appliances | Excavation | Permits |
Architecture | Exterior Lighting | Plaster |
Awnings | FF & E | Plumbing |
Blinds / Shades | Finish Carpentry | Plumbing Fixtures |
Builder's Overhead | Fire Extinguishers | Real Estate Taxes |
Builder's Profit | Fire Sprinklers | Title, Recording, Transfer Costs |
Builder's Risk Insurance | General Contractor Fee | Rental Equipment |
Cabinets | General Contractor Profit | Roofing |
Carpeting | General Requirements | Rough Carpentry |
Ceramic Tile | Gutters | Rough Electrical |
Clean-up | Hardware | Rough Plumbing |
Closing Costs | Hauling | Sewer and Water Hookup |
Common Labor | Historic Consultant | Sheet Metal |
Concrete | HVAC | Shelving |
Construction Period Interest | Insulation | Siding |
Construction Supervision | Labor | Site Work |
Construction Utilities | Landscaping | Specialities |
Contingency | Legal | Structural Steel |
Counter & Vanity Tops | Loan Origination Fee | Supplies and Equipment |
Demolition | Lumber | Survey |
Developer Fee | Marketing | Toilet Partitions / Accessories |
Disbursing Fee | Masonry | Tuckpointing |
Doors | Mirrors | Waterproofing |
Drywall | Miscellaneous | Windows |
Electrical | Other Insurance | Wood Flooring |
* Not all items are Qualified Rehabilitation Expenditures. See list below for examples of Non-Qualified Expenditures |
NON-QUALIFIED EXPENDITURES**
Acquisition Costs | Equipment | Mirrors |
Appliances | Exterior Deck Builds and Deck Enlargements (HTC only) | Parking Lots |
Appraisal for Acquisition or Permanent Financing | Fences and Gates | Patios Outside Historic Structure |
Awnings | Fire Extinguishers | Permanent Financing Costs |
Blinds and Shades | Garage Costs Outside Historic Structure | Real Estate Taxes Outside of Rehab Period |
Cash Payments | Insurance other than Builders Risk | Roads, Sidewalks and Driveways |
Closet Systems | Insurance Outside of Rehab Period | Room Additions/enlargements Outside of Original Footprint of Historic Structure |
Closing Costs Not Related to Construction Financing | Interest on Acquisition Costs | Sheds and Gazebos |
Contractor Fee (Over Cap) | Landscaping | Signs |
Contractor Overhead (Over Cap) | Light Bulbs | Site Work to include plumbing and electrical |
Contractor General Requirements (Over Cap) | Legal Costs other than Const. Related | Tenant Relocation Costs |
Credit Card Interest | Loan Costs Not Related to Construction Financing | Tools |
Developer Fee (Over Cap) | Mailboxes | Union Dues |
Duplication of Efforts | Marketing and Lease-Up Costs | Wire or Unattached Shelving |
** NOTE: The above list may not include all Non-Qualified Expenditures. |