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Agenda - 03-19-2019 6-b - Approval of Proposed Changes to the Affordable Housing Bond Program
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Agenda - 03-19-2019 6-b - Approval of Proposed Changes to the Affordable Housing Bond Program
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3/14/2019 4:36:57 PM
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BOCC
Date
3/19/2019
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6-b
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Agenda - 03-19-2019 Regular Board Meeting
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\Board of County Commissioners\BOCC Agendas\2010's\2019\Agenda - 03-19-19 Regular Meeting
Minutes 03-19-2019 Regular Meeting
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\Board of County Commissioners\Minutes - Approved\2010's\2019
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7 <br /> G. Project Feasibility(30 points) <br /> Scoring Criteria Maximum Points to be Awarded <br /> 1. The applicant can demonstrate site control, zoning, compliance, and a 10 <br /> timely construction schedule that is feasible. <br /> 2. Funding (other than bond or other County funding) is in place at the 10 <br /> time of application. <br /> 3.The applicant's proposal is complete and presents a proposed project 10 <br /> budget and financial model that is sustainable and based on reasonable <br /> assumptions, <br /> H. Developer Experience (40 points) <br /> Scoring Criteria Maximum Points to be Awarded <br /> 1. Experience of the applicant in carrying out projects of comparable 10 <br /> scope and nature (e.g., new construction, rental housing, rehabilitation, <br /> etc.) to that proposed, and has met regulatory compliance for prior <br /> projects. <br /> 2. Applicant has proposed a team with demonstrated development, 5 <br /> managerial and financial management capabilities in prior projects. <br /> 3. Applicant has successful record of meeting proposed budgets and 10 <br /> timetables. <br /> 4.The project sponsor is a non-profit housing provider. 15 <br /> TOTAL POTENTIAL POINTS: 235 <br /> 3 <br />
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