HomeMy WebLinkAboutF.1.d Staff WS II score sheet and calculations1Date::3^n&Community Housing FundScoring SheetFor Use By CAHAB / Community DevelopmentS-L.G^^ISProject Name:.+frbCAmount of FundingRequested: "^/2-L^.O ,GOO^CfrlH&.CO^Si^^^t^.l4'/*^3ll^^Rank the project based on the following criteria:CriteriaAlignment with Community Housing Action Plan: (1 to 5)(5=Well aligned, 3= Neutral, 1= Not Aligned)Score6-&•-^-2-2>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 acurrent community need, 2 = addresses a low priority community need, 1 = Does not address acommunity 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 pointdecrease in the number of points allotted.)Opportunity Cost: (1 to 5)^20( Consider urgency of need: l)will this opportunity go away or be severely diminished if funding is notprovided at this time; 2) Is the urgency of this request based on an opportunity that recently becameavailable 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)9 -IGLevel of partnership with other organizations: (1 to 5)(5 = Partners Participating, 3 = Partners contacted but not Participating or Proposal doesn't lend itself toincluding 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'tlend itself to including other Funders, 1 = Other Possible Funders not contacted)nFunds Availability: (1 to 5)3 ii^0-Community Housing Fund Scoring SheetPage 1
0(Would providing funds for this project limit the ability to provide funding for future projects that maybe 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)fr^_^^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, 1High Risk)6z^<!'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 additionalpoint up to the maximum of 5 points)11.2.^10&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 affordabilitygenerates 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 = 4points, continuing to $6,000 or more = 0 points)^.^....^ 63^Ongoing project affordability: (1 to 5)(Provide points for Climate sensitive design, low maintenance, low or no HOA fees, low or no Land Trustfees, etc.) ^^7=^Total Points:6^ ^.^) ^^^^^A minimum of 30 points is required for a proposal without dwelling units to be considered fofcfundLnA total of 42 points is required for a proposal that includes dwelling units to be considered.CM^-s (Lo^ps^-^djOTvQ^(\(\v\^(^2- 1%^e^too ^L-'. l^L^ = -^^.^'55e<*o^^'- ^5'7- = 11, ^S^.3 _?Community Housing Fund Scoring Sheet1^.^\z-t^T/0^^Page 2