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Agenda - 8-d - Approval of Proposed Changes to the Affordable Housing Bond Program
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Agenda - 8-d - Approval of Proposed Changes to the Affordable Housing Bond Program
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4/12/2019 1:28:18 PM
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BOCC
Date
4/16/2019
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
8-d
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Agenda - 04-16-2019 Regular Meeting
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8 <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 time 10 <br /> 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 (42 points) <br /> Scoring Criteria Maximum Points to be Awarded <br /> 1. Experience of the applicant in carrying out projects of comparable scope 10 <br /> and nature (e.g., new construction, rental housing, rehabilitation, etc.)to that <br /> proposed, and has met regulatory compliance for prior projects. <br /> 2.Applicant has proposed a team with demonstrated development, 10 <br /> managerial and financial management capabilities in prior projects. <br /> 3. Applicant and team members collectively have a successful record of 10 <br /> meeting proposed budgets and timetables. <br /> 4. The project sponsor is a non-profit housing provider. 12 <br /> TOTAL POTENTIAL POINTS: 234 <br /> Revised as of April 5,2019 <br />
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