DEPARTMENT:
Neighborhood and Housing Services Department
DEPARTMENT HEAD:
Ver?nica R. Soto, AICP, Neighborhood and Housing Services Department Director
COUNCIL DISTRICTS IMPACTED:
Citywide
SUMMARY:
Presentation of Evaluation Criteria for the Affordable Rental and Homeownership Housing Development applications for HOME Investment Partnership (HOME) and Community Development Block Grant (CDBG) funding as recommended by staff.
BACKGROUND INFORMATION:
The City is the recipient of funding for CDBG and HOME from the U.S. Department of Housing and Urban Development (HUD). The City undergoes an Annual Action Plan process to set aside funding for affordable housing and community development activities. The City has developed evaluation criteria that will be utilized as a decision making tool to assess and prioritize requests for federal funding set aside for the creation or preservation of affordable rental and homeownership housing. HOME funds can be used for acquisition, new construction or rehabilitation. CDBG funds can be used for acquisition, rehabilitation and/or reconstruction of affordable rental housing.
This evaluation criteria was compiled using HUD regulatory requirements, national best practices, The Mayor's Housing Policy Taskforce Framework, and input from Community Housing Development Organizations (CHDO) and affordable housing developers.
The proposed evaluation criteria will allow for all applications for CDBG and HOME funding to be evaluated in three phases that include the following:
* Phase I: Threshold Requirements
* Phase II: Project Prioritization and Underwriting
* Phase III: Evaluation Panel Review
Phase I will include a review of the applications by City staff to confirm completeness and ensure threshold requirements are met. Eligible applications will then be assessed utilizing the Project Prioritization Evaluation Criteria outlined in Phase II. The categories are outlined below:
Evaluation Criteria
Maximum Points
Exper...
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