Source. #14044, eff 8-8-24
- (a) The department shall utilize a scoring matrix on a scale of 0-100 pursuant to (b) below. An award cap shall be administered based on availability of funding.
(b) The department shall utilize a scoring matrix, in which 50 points is the minimum for funding consideration as follows:
(1) A maximum of 30 points shall be awarded for the use of funds to increase workforce housing and other affordable housing availability utilizing the following criteria:
- a. How the use of awarded funds will be utilized to increase the availability of workforce and other housing in the municipality and region relative to other applicants;
- b. An emphases on developing workforce housing and housing affordable for households at 150 percent of AMI or less, while ensuring at least 20 percent of the units in a given project are affordable for households at 80 percent of AMI or less; and
- c. Reward affordability requirements in excess of 10 years:
(2) A maximum of 30 points shall be awarded for municipal and regional housing needs, collaboration, and project location utilizing the following criteria:
- a. needs in the municipality or region relative to other applicants;
- b. Prioritize issuing awards statewide and avoid a concentration of investments; and
- c. Give weight to funding for smaller municipalities:
(3) A maximum of 25 points shall be awarded for available infrastructure and infrastructure needs utilizing the following criteria:
- a. Prioritize projects utilizing existing municipal infrastructure including but not limited to wastewater collection, water lines, sidewalks, and proximity to community green spaces;
- b. Incentivize projects repurposing existing structures or infill in community centers and downtowns;
- c. Reward projects utilizing renewable energy, high efficiency ratings, and creative solutions to reduce or stabilize housing costs to renters; and
- d. Incentivize collaboration among community and regional stakeholders to help ensure funded projects or programs will experience success; and
(4) A maximum of 15 points shall be awarded for demonstrated ability and capacity to complete the project utilizing the following criteria:
- a. Ensure funding is provided to financially sound projects; and
- b. Encourage using funds in ways distinct from other available funding sources to fill gaps missed by those funding sources but meeting a need in the housing market.
Source. #14044, eff 8-8-24