HomeMy WebLinkAboutCommunity Housing Fund Scoring Sheet v1 Community Housing Fund Scoring Sheet Page 1
Community Housing Fund
Scoring Sheet
For Use By CAHAB / Community Development
Date:________________________________________________________________________________
Project Name:_________________________________________________________________________
Amount of Funding Requested:__________________________________________________________
Rank the project based on the following criteria:
Criteria Score
Alignment with Community Housing Action Plan: (1 to 5) _________
(5=Well aligned, 3= Neutral, 1= Not Aligned)
Ability of this project to address a community need: (1 to 5) _________
(5 = addresses a pressing community need, 4 = addresses a significant community need, 3 = addresses a
current community need, 2 = addresses a low priority community need, 1 = Does not address a
community need)
Target Income of those benefiting from proposal: (1 to 5) _______
(Score on the basis that below 60% of AMI = 5 points and each 10% increase of AMI results in a 1 point
decrease in the number of points allotted.)
Opportunity Cost: (1 to 5) ______
( Consider urgency of need: 1)will this opportunity go away or be severely diminished if funding is not
provided at this time; 2) Is the urgency of this request based on an opportunity that recently became
available or is the urgency due to inefficient planning; 3) Why is this request being presented now –
would it be better if executed at a different time)
Level of partnership with other organizations: (1 to 5) _________
(5 = Partners Participating, 3 = Partners contacted but not Participating or Proposal doesn’t lend itself to
including partners, 1 = Possible Partners not contacted)
Alternate funding sources have been secured / solicited: (1 to 5) _________
(5 = Other Funders Participating, 3 = Other Funders contacted but not Participating or Proposal doesn’t
lend itself to including other Funders, 1 = Other Possible Funders not contacted)
Funds Availability: (1 to 5) _______
Community Housing Fund Scoring Sheet Page 2
(Would providing funds for this project limit the ability to provide funding for future projects that may
be a better investment of Community Housing Funds? 5 = No, 3 = to a moderate degree, 1 = Yes)
Willingness to be flexible in grant / loan request: (1 to 5) _________
(5 = Very flexible, 3 = Neutral, 1 = Not flexible – based on answers to Type of Funding question)
Thoroughness of the application / budget: (1 to 5) _________
(5= Detailed and understandable, 3 = Neutral, 1 = Lacking detail or hard to decipher)
Viability of the proposed project: (1 to 5) _________
(Score based on the level of perceived risk – 5=No risk, 4= Low Risk, 3= Average Risk, 2 Medium Risk, 1 =
High Risk)
Scope of project in terms of # of community housing units built / preserved: (1 to 5) _________
(Score based on 5 units or fewer = 1 points. Each increment of 5 additional units generates 1 additional
point up to the maximum of 5 points)
Project’s generation of long-term or permanently affordable housing: (1 to 5) _________
(Score on a scale of 5 year affordability = 1 point, each additional 5 year increment of affordability
generates another point. Permanent affordability = 5 points)
Requested investment of Community Housing funds per unit: (1 to 5) _________
(Rate on a declining scale of $1,000 per unit. $1,000 per unit or less = 5 points, $2,000 per unit = 4
points, continuing to $6,000 or more = 0 points)
Ongoing project affordability: (1 to 5) _________
(Provide points for Climate sensitive design, low maintenance, low or no HOA fees, low or no Land Trust
fees, etc.)
Total Points: _________
A minimum of 30 points is required for a proposal without dwelling units to be considered for funding.
A total of 42 points is required for a proposal that includes dwelling units to be considered.