Orange County NC Website
I1. Leveraging (20 points) <br />6 <br />k <br />The degree to which the proposed project includes funding from other <br />sources and minimizes County Bond funds required, given the income <br />groups served. All outside funding sources must be committed within six <br />(6) months of the date of the project proposal. <br />- If 90% of total project cost is financed by outside sources and 10% is <br />financed by bond funds, the fu1120 points will be awarded. <br />- If 80% of total project cost is financed by outside sources and 20% is <br />financed by bond funds, 18 points will be awarded. <br />- If 70% of total project cost is financed by outside sources and 30% is <br />financed by bond funds, 16 points will be awarded. <br />- If 60% of total project cost is financed by outside sources and 40% is <br />financed by bond funds, 14 points will be awarded. <br />- If 50% of total project cost is financed by outside sources and 50% is <br />financed by bond funds, 12 points will be awarded. <br />- If 40% of total project cost is financed by outside sources and 60% is <br />financed by bond funds, 10 points will be awarded. <br />- If 30% of total project cost is financed by outside sources and 70% is <br />financed by bond funds, 8 points will be awarded. <br />- If 20% of total project cost is financed by outside sources and 80% is <br />financed by bond funds, 6 points will be awarded. <br />- If 10% of total project cost is financed by outside sources and 90% is <br />financed by bond funds, 4 points will be awarded. <br />- If a project is funded 100% with bond funds, 0 points will be awarded. <br />I11. Design (10 points) <br />The quality of the design of the site plan and housing units, with respect to <br />attractive appearance, functionality, and compatibility with the surrounding <br />area. <br />- If the project is designed to be energy efficient according to the NC <br />Housing Finance Agency Energy Efficiency Criteria, 5 points will be <br />awarded. <br />- If the project fits well into the surrounding area in terms of building <br />style, design, and materials, 5 points will be awarded. <br />6 <br />09/24/98 <br />