Scrivener’s

Rules Committee · 2026-06-01 · agenda_item

This item concerns a proposed Fee Framework for certain incentive requests, Notices of Disposition, REV grant programs, and DIA loan programs. The DIA Board has approved Resolution 2026-04-09, which outlines this framework. This framework will be applied to new applications and agreements going forward. The framework includes a cost recovery structure for financial underwriting, tiered fees for Notices of Disposition based on project size, application and monitoring fees for REV grants, and origination and servicing fees for DIA loan programs. This item is currently pending review by the Rules Committee. While no specific construction project is detailed, the implementation of this fee structure suggests future development activity that will require services related to financial underwriting, project application processing, and loan program administration. Local businesses involved in real estate development, financial services, and legal services may find opportunities as projects move forward under this new framework. Engaging early could provide an advantage as the specifics of future applications and agreements are determined.