count as support under this scoring item for a
maximum of 3 points.
(A) State Senator and State Representative of the districts
whose boundaries include the proposed Development Site;
(B) Mayor of the municipality (if the Development is
within a municipality or its extraterritorial jurisdiction);
(C) Elected member of the Governing Body of the municipality
(if the Development is within a municipality or its extraterritorial
jurisdiction) who represents the district in which the Development
Site is located;
(D) Presiding officer of the Governing Body of the
county in which the Development Site is located;
(E) Elected member of the Governing Body of the county
who represents the district in which the Development Site is located;
(F) Superintendent of the school district in which
the Development Site is located; and
(G) Presiding officer of the board of trustees of the
school district in which the Development Site is located.
(10) Preservation Initiative. (2 points) Preservation
Developments, including Rehabilitation proposals on Properties which
are nearing expiration of an existing affordability requirement within
the next two years or for which there has been a rent restriction
requirement in the past 10 years may qualify for points under this
item. Evidence must be submitted in the pre-application.
(11) Declared Disaster Areas. (7 points) A pre-application
may receive points if the Development Site is located in an area declared
a disaster area under Tex. Gov't Code §418.014 at the time of
submission, or at any time within the two-year period preceding the
date of submission.
(12) Waiting List. (5 points) A pre-application that
is on the Department's waiting list with the TBRB and does not have
an active Certificate of Reservation at the time of the Private Activity
Bond Lottery may receive points under this item if participating in
the Lottery for the upcoming program year. These points will be added
by staff once all of the scores for Lottery applications have been
finalized.
(A) For pre-applications that participated in the prior
year Private Activity Bond Lottery (5 points); or
(B) For pre-applications that had an Inducement Resolution
adoption date of November of the prior calendar year through March
of the current calendar year (3 points); or
(C) For pre-applications that had an Inducement Resolution
adoption date of April through July of the current calendar year (1
point).
(13) Tax-Exempt Bond 50% Test. (5 points) A pre-application
may receive points under this item based on the amount of the Development
financed with Tax-Exempt Bond proceeds relative to the amount necessary
to meet the 50% Test. The 50% Test is calculated by dividing the Tax-Exempt
Bond proceeds by the aggregate basis of the Development and shall
be based on such amounts as reflected in the pre-application once
staff's review is complete and all Administrative Deficiencies have
been resolved. Normal rounding shall apply. Should there be changes
to this federal requirement, the percentage ranges noted below shall
be modified accordingly by the same range. Moreover, should the Private
Activity Bond ceiling be subject to the restrictions under Tex. Gov't
Code Section 1372.037(b), the amount of bond proceeds to be utilized
at closing will be capped at the percentage as stated therein and
not based on the points claimed under this scoring item.
(A) The pre-application reflects a 50% Test amount
that is greater than or equal to 55.0% and less than 60% (5 points);
or
(B) The pre-application reflects a 50% Test amount
that is greater than or equal to 60% and less than or equal to 64%
(3 points).
(14) Assisting Households with Children. (42(m)(1)(C)(vii))
A pre-application may receive one point under this item if at least
15% of the Units in the Development contain three or more bedrooms.
The specific number of three or more bedrooms may change from pre-application
to full Application, but the minimum percentage must still be met.
Applications proposing Rehabilitation (excluding Reconstruction) and
Elderly Developments will automatically receive this point.
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