**At least 50% of the units benefit families at or below 50% AMI Project Mix Review Standard: Incorporates Units 9. 10 for Very Low Project provides at least 50% of the units for families Income Families at or below 50% of AMI: If yes = 10 points; if no = 0 points At least 15% of the total units are market rate. Project Mix Review Standard: 10. 5 Incorporates 15% of the project units are market rate: If yes = 5 Market Rate Units points; if no = 0 points Complete application has been submitted Complete Review Standard: 11. 5 Application Application did not require any deficiency corrections per City staff review. ** These criteria may become required at certain times during the funding cycle depending on the percentage of funds required to be spent by a designated date to meet the funding requirements of the Workforce Housing Opportunity Act. *** Funds included in the group of funds or federal and state funds flowing through the Housing Trust Funds, “city city” include HOME, Community Development Block Grant (CDBG), HNED aka UDAG, Emergency Shelter Grants (ESG), City General Fund including donated land, and General Obligation (GO) Bonds.
9. Project Mix Incorporates Units for Very Low Income Families **At least 50% of the units benefit families at or below 50% AMI Review Standard: Project provides at least 50% of the units for families at or below 50% of AMI: If yes = 10 points; if no = 0 points 10 10. Project Mix Incorporates Market Rate Units At least 15% of the total units are market rate. Review Standard: 15% of the project units are market rate: If yes = 5 points; if no = 0 points 5 11. Complete Application Complete application has been submitted Review Standard: Application did not require any deficiency corrections per City staff review. 5 ** These criteria may become required at certain times during the funding cycle depending on the percentage of funds required to be spent by a designated date to meet the funding requirements of the Workforce Housing Opportunity Act. *** Funds included in the group of “city funds or federal and state funds flowing through the city” include Housing Trust Funds, HOME, Community Development Block Grant (CDBG), HNED aka UDAG, Emergency Shelter Grants (ESG), City General Fund including donated land, and General Obligation (GO) Bonds.
evaluation-matrix-final-9-20-2018.docx