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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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\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 11-12-2024 Work Session
Minutes 11-12-2024 - Work Session
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\Board of County Commissioners\Minutes - Approved\2020's\2024
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9 <br /> 3. Leveraging (52 points) <br /> To what degree does the proposed project include other sources of funds? <br /> Use the space below to calculate leverage,then place an "X"in one green box by the appropriate leveraging ratio. Orange boxes will auto fill. <br /> Percent Funded by County Funding Other Criteria <br /> =81-100% (0 points) =Project pays property taxes(2 points)' <br /> =60-80%(3 points) These two are mutually exclusive=Project repays bond funds-principal only(3 points)' <br /> =40-59%(6 points) These two are mutually exclusive=Project repays bond funds-P+1 (10 points)' <br /> =20-39%(9 points) =Project is mixed-income(10 points)Z <br /> =10-19%(15 points) =Project is mixed-use(10 points)3 <br /> =< 10%(20 points) 'These criteria do not apply to nonprofit sponsored projects Subtotal <br /> ### Subtotal Z Meaning it serves more than one income range(including market rate)and minimizes geographic conentration <br /> of affordable units <br /> Caculate leverage <br /> County funds (including Bond request) 'Meaning it includes non-residential uses that offer access to employment daily needs,and health and human <br /> services <br /> Other funds(non-County) <br /> Percent County funding ##### =TOTAL POINTS <br />
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