HomeMy WebLinkAboutFoothold Housing Scoring Sheet Seeburg Community Housing Fund
Scoring Sheet
For Use By CAHAB/Community Development
Date:__
Project Name:
Amount of Funding Requested: t
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 1
(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) J
(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: 8
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.
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