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Agenda - 11-12-2024; 2 - Discussion on Affordable Housing Bond-Capital Investment Plan (CIP) Scoring Matrix
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Agenda - 11-12-2024; 2 - Discussion on Affordable Housing Bond-Capital Investment Plan (CIP) Scoring Matrix
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11/7/2024 3:13:48 PM
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BOCC
Date
11/12/2024
Meeting Type
Work Session
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Agenda
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2
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Agenda for November 12, 2024 Work Session
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18 <br /> Scorecard changes <br /> Old Points New Points <br /> i <br /> Threshold Requirements Require documentation of alignment with specific Strategic NIA. <br /> Plan Goals/Priorities <br /> Income Targeting and Special • Add greater weight to 60% AMI and below 80% AMI: 10 10 <br /> Needs • Require explanation for how project serves special needs 60% AMI: 15 25 <br /> populations. 30% AMI: 25 35 <br /> • Considered specifically targeting people with disabilities, <br /> but Fair Housing concerns raised <br /> Residency Delete due to difficulty screening and monitoring 5 0 <br /> Leveraging • Prioritize projects that can repay bond funding 33 50 <br /> • Increased points from 3 to 10 and 10 to 20 for projects <br /> that can repay Principal , or Principal + Interest, <br /> respectively <br /> • Simplify number of tiers from 6 to 4 <br /> • New Tiers for percent of project County-funded: <br /> 75-100%: 0 pts <br /> 50-75%: 5 pts <br /> 25-50%: 10 pts <br /> 0-25%: 20 pts <br /> Building/Site Design Remove points for accessibility (modern requirement) 20 15 <br />
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