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B. Affordability (10 points) <br />9 <br />The degree to which the proposed project would serve those with incomes below the <br />maximum and the period of time over which the project would remain affordable to that <br />income group. The projects must meet the County's long term affordability <br />requirements. <br />Bonus: If the project guarantees affordability for mare than 99+ years, additional five <br />(5) points will be awardea~ <br />C. Leveraging (20 points) <br />The degree to which the proposed project includes funding from other sources and <br />minimizes County bond funds required, given the income groups served. All outside <br />funding sources must be committed within six (G) months of the date of the project <br />proposal. <br />- If 60% - 80% of total project costs are financed by bond funds, 3 points will be <br />awarded. <br />- If 40% - 59% of total project costs are financed by bond funds, 6 points will be <br />awarded. <br />- If 20% - 39% of total project costs are financed by bond funds, 9 points will be <br />awarded. <br />- If 10%-19% of total project costs is financed by bond funds, 12 points will be <br />awarded. <br />- If less than 10% of total project costs are financed by bond funds, 15 points will <br />be awarded. <br />- If the project pays property taxes, 2 points will be awarded. <br />- If the project repays the bond funds -principal only, 4 points will be awarded. <br />- If the project repays the bond funds -principal and interest, 5 points will be <br />awarded. <br />Exception: All projects serving households with incomes SD% or less than median <br />income will receive 5 bonus points. <br />