Orange County NC Website
F. Developer Experience (15 points) <br />Developer experience is,judged based on the scope, extent and quality of the applicant's <br />experience in housing or related services to those proposed to be served by the project and the <br />scope of the proposed project (i,e. number of units, services, relocation costs, development, and <br />operation) in relationship to the applicant's demonstrated development and management <br />capacity, as well as its financial management capability.. This includes the applicant's utilization <br />ofminority and women-owned businesses, and other allied small businesses in the planning and <br />development of the project, Partnerships by local organizations will be encouraged. <br />The amount of experience of the project sponsor and the proposed development team in carrying <br />out similar projects in a successful fashion, particularly with respect to reasonably meeting <br />project budgets and timetables on such projects will also be considered. This would include <br />review of the organization's track record in handling projects which used town or county local <br />funds and/or funds awarded to the local governments in Orange County by the federal or state <br />government. This also includes preferences for applicants based in Orange Comiiy and/or <br />organizations currently providing affordable housinK to residents of Orange Count <br />Tn the case of rental projects, the amount of experience the project sponsor and management <br />company have in managing low income housing (including an adequate management plan for <br />dealing with special population needs and special community needs) must be demonstrated, <br /> Maximum Points <br />Scoring Criteria to be Awarded <br />l.. Experience of the applicant in carrying out projects of 5 <br />comparable scope and nature (e..g, new construction, rental <br />housing, rehabilitation, etc,) to that proposed, and has met <br />regulatory compliance for prior projects <br /> <br />2. Applicant has proposed a team with demonstrated 5 <br />development, managerial, and financial management <br />capabilities in prior projects <br /> <br />3. Applicant has successful record of meeting proposed 5 <br />bud ets and timetables <br />Conditional Approval <br />All awards will be subject to conditions that must be satisfied before the disbursement of bond <br />funds. <br />