Lawmakers press HHFDC on rising per-unit costs and possible cost-containment steps
Legislators at the briefing raised concerns that development costs now approach $1 million per unit in some cases and asked HHFDC about stricter cost emphasis in scoring, cost caps, and incentives for lower-cost project types.
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Committee members pressed HHFDC about rising per-unit costs and why some high-ranked projects were not advanced because of extreme cost outliers. A committee member asked for the agency—s definition of an extreme cost outlier; Mike Doyle replied that outliers are identified mathematically by cost per square foot and cost per unit and are elevated to management for review.
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