MULTI-FAMILY HOUSING PROJECT (MFH) NATIONAL OBJECTIVE ELIGIBILITY WORKSHEET A. What percentage of housing units benefiting from this % proposed activity are Low/Mod households? B. Continue to Questions If the answer to Question A above is 51% or greater: below. C and D STOP! If the answer to Question A above is less than 51%: Project does not meet the Low/Mod National Objective and is ineligible. C. YES Note: Total Development Cost (TDC) is limited to the Is this for Acquisition of Vacant Land for cost of Acquisition. MFH? Continue to Question D NO Continue to Question D D. For MFH Project Acquisition with or without Rehabilitation: – Enter the Total Development Costs (TDC) for this project: $ Enter the dollar amount of CDBG funds requested for this $ project: Divide CDBG funding amount by TDC (entire project total % cost) = (percentage of CDBG funds relevant to TDC) YES Project funding amount is allowable. Is the percentage of CDBG funds equal to or less than the percentage of NO Project funding Low/Mod households shown in amount is above the Question A above? allowable level; must be reduced.
MULTI-FAMILY HOUSING PROJECT (MFH) NATIONAL OBJECTIVE ELIGIBILITY WORKSHEET A. What percentage of housing units benefiting from this proposed activity are Low/Mod households? % B. If the answer to Question A above is 51% or greater: Continue to Questions C and D below. If the answer to Question A above is less than 51%: STOP! Project does not meet the Low/Mod National Objective and is ineligible. C. Is this for Acquisition of Vacant Land for MFH? YES Note: Total Development Cost (TDC) is limited to the cost of Acquisition. Continue to Question D NO Continue to Question D D. For MFH Project – Acquisition with or without Rehabilitation: Enter the Total Development Costs (TDC) for this project: $ Enter the dollar amount of CDBG funds requested for this project: $ Divide CDBG funding amount by TDC (entire project total cost) = (percentage of CDBG funds relevant to TDC) % Is the percentage of CDBG funds equal to or less than the percentage of Low/Mod households shown in Question A above? YES Project funding amount is allowable. NO Project funding amount is above the allowable level; must be reduced.
8-2016-Housing-Project-Multi-Family-Application-Forms.docx