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Agenda - 11-01-2016 - 7-a - County Assisted Affordable Housing Income Targets and Project Scoring Criteria
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Agenda - 11-01-2016 - 7-a - County Assisted Affordable Housing Income Targets and Project Scoring Criteria
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10/28/2016 7:28:07 AM
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BOCC
Date
11/1/2016
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
7a
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Minutes 11-01-2016
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\Board of County Commissioners\Minutes - Approved\2010's\2016
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5 <br /> rNr i " J " )1. <br /> Attachment 2 <br /> County Funds to Help the County Reach a Countywide Shared Goal of 1,000 <br /> Affordable Housing Units in Five Years: 2017— 2020 <br /> DRAFT <br /> PROPOSED AFFORDABLE HOUSING PROGRAM EVALUATION: SCORING CRITERIA <br /> A. Income Targeting and Special Needs(45 points) <br /> Household Income Range Points to be Awarded <br /> 0 to <30% 25 <br /> <30%to<50% of Area Median Income 15 <br /> >50%to <80%of Area Median Income 10 <br /> Special Needs Populations 20 <br /> B. Leveraging(55 points) <br /> Percent Funded by Bonds and Other County Funding Points to be Awarded <br /> 60—80% 3 <br /> 40—59% 6 <br /> 20—39% 9 <br /> 10—19% 15 <br /> <10% 20 <br /> Other Criteria Points to be Awarded <br /> 1. The project pays property taxes 2 <br /> 2a.The project repays the bond funds—principal only. 3 <br /> 2b.The project repays the bond funds—both principal and interest. 10 <br /> 3. The Project is a Mixed Income Project: The project serves more than 10 <br /> one income category and minimizes the concentration of affordable <br /> housing projects in a particular geographic area. <br /> 4.The Project is a Mixed Use Project: The project includes uses in 10 <br /> addition to residential uses that offer access to employment <br /> opportunities and other daily needs. <br />
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