HomeMy WebLinkAboutHCHT magistrelliCommunity Housing Fund
Scoring Sheet
For Use By CAHAB / Community Development
Date:________________________________10/30/2020_________
Project Name: _Headwaters CHT Bridger View
Amount
of Funding Requested: $620,000
Rank the project based on the following criteria:
Criteria Score
Alignment with Community Housing Action Plan: (1 to 5) ____5_____
(5=Well
aligned, 3= Neutral, 1= Not Aligned)
Ability of this project to address a community need: (1 to 5) ___4______
(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) 3
(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) 3
( 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) 3
(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
(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) 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) 1
(5 = Very flexible, 3 = Neutral, 1 = Not flexible – based on answers to Type of Funding question)
Thoroughness
of the application / budget: (1 to 5) 3
(5= Detailed and understandable, 3 = Neutral, 1 = Lacking detail or hard to decipher)
Viability of the proposed project: (1 to 5) ___3______
(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) ___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) ____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) 1
(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) 4
(Provide points for Climate sensitive design,
low maintenance, low or no HOA fees, low or no Land Trust fees, etc.)
Total Points: ___46______
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.