qualifications of the identified Significant Extensive experience team members. experience (2 or (4 or more projects) Experience developing energy more projects) with private septic]. Energy efficient efficient homes private septic.] Energy efficient design is their Quality of property buildings part of standard approach to management team, including standard design and experience with similar development development. projects approach. Demonstrated experience and success in marketing properties, including familiarity with requirements applicable to affordable units and achievement of target rents/prices for market rate units. Successful long term management approach REDEVELOPMENT PROJECT Highly OBJECTIVES, CONCEPT AND Unacceptable Advantageous Advantageous FEASIBILITY Proposal does not Proposal contains Proposal contains Proposal addresses the demonstrate an realistic realistic, detailed and objectives and concepts understanding of development and cost-effective described in the RFP, with a development operating budgets development and mix of bedroom and income process, constraints, and demonstrates operating budgets ranges, and reflects knowledge costs and operating and demonstrates and understanding of project developer’s proven budgets for track record in constraints, in particular legal developer’s high projects securing necessary degree of success in constraints re: the ownership including a financing for securing necessary structure, and, if applicable, combination of similar financing and other water and septic systems. affordable and transactions. sources of funding Project assumptions are market-rate housing. for similar reasonable and support a transactions. conclusion that the project is feasible financially and proposed resources are attainable, taking into account visible site conditions and any identified environmental, zoning and other permitting issues and the affordability requirements and goals as described in the RFP
qualifications of the identified team members. Experience developing energy efficient homes Quality of property management team, including experience with similar projects Demonstrated experience and success in marketing properties, including familiarity with requirements applicable to affordable units and achievement of target rents/prices for market rate units. Successful long term management approach Significant experience (2 or more projects) private septic.] Energy efficient buildings part of standard development approach. Extensive experience (4 or more projects) with private septic]. Energy efficient design is their standard approach to design and development. REDEVELOPMENT PROJECT OBJECTIVES, CONCEPT AND FEASIBILITY Unacceptable Advantageous Highly Advantageous Proposal addresses the objectives and concepts described in the RFP, with a mix of bedroom and income ranges, and reflects knowledge and understanding of project constraints, in particular legal constraints re: the ownership structure, and, if applicable, water and septic systems. Project assumptions are reasonable and support a conclusion that the project is feasible financially and proposed resources are attainable, taking into account visible site conditions and any identified environmental, zoning and other permitting issues and the affordability requirements and goals as described in the RFP Proposal does not demonstrate an understanding of development process, constraints, costs and operating budgets for projects including a combination of affordable and market-rate housing. Proposal contains realistic development and operating budgets and demonstrates developer’s proven track record in securing necessary financing for similar transactions. Proposal contains realistic, detailed and cost-effective development and operating budgets and demonstrates developer’s high degree of success in securing necessary financing and other sources of funding for similar transactions.