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10 <br /> Slide #4 <br /> Affordable Housing Proposal Evaluation <br /> • AHAB members reviewed and evaluated the proposals individually,,66th <br /> discussion regarding the proposals in two subsequent meetings. <br /> • November 14,2023 meeting, applicants were invited to pre-sent their <br /> proposal. <br /> • Proposal applicants were allowed to pru-6ide supplemental information to <br /> provide clarity in relation to the scoring matrix by December 4,2023. <br /> • December 19,2023 meeting, review of the evaluation scores based on <br /> supplemental information with final recommendation. <br /> • AHAB used the scoring matrix as a base for the proposal,through the process a <br /> deficiency in the scoring matrix was recognized. <br /> • The scoring matrix is framed for dc-6vlopment of new units and dues not <br /> consider Naturally Occurring Affordable Housing(NOAH). <br /> • AHAB members believed that the NOAH proposals were vital to <br /> maintaining existing affordable housing inventurv. <br /> • AHAB recommended awarding$5.7 million to the eligible proposals for 199 <br /> units funded as requested and approximately 29 units partially funded based on <br /> the per unit cost. n <br /> ORANGE COUNTY <br /> ► HOUSING DEPARTMENT <br /> 2 <br /> 3 Commissioner Fowler asked if there is another funding source for Naturally Occurring <br /> 4 Affordable Housing (NOAH). <br /> 5 Bonnie Hammersley said the two NOAH projects had other funding in addition to county <br /> 6 funding. <br /> 7 <br /> 8 Slide #5 <br /> Orange County Affordable Housing Bond Program ApplIcation <br /> Scoring Form <br /> FY 2023.24 Cankal Investment Plan KIP)riindfng Cycle <br /> 5—df—t—tz— <br /> Marr rtr—gt,",*cob of rK,seerr=,d—df.lb.zftedk—ri—ar rhe mp.f—hrb.n-ugh—C rhe <br /> only mrerkar—a riwr M yearn time —ge boars w90 a mt-fo"OZ 5—,iojr—a rion wm.""r <br /> Scorecard Sum nary <br /> CaWgorlo FINnts TaFfWpoftU POSMWff <br /> 1-1—Targeting and 5pecral tJ—& <br /> 2.L-1 P—W—y <br /> 2-Leveraging <br /> 4.Bo&ng a no 5ite Desian <br /> 5.Cannmurtty 0e]Rn <br /> .5.commurav sponsorsolpfsopporx <br /> 7.Projt Feas4bll Ity <br /> a-Developer E.p—142 <br /> — <br /> Total palntr <br /> ORANGE COUNTY <br /> HOUSING DEPARTMENT <br /> 9 <br />