This section identifies the scoring criteria used in evaluating
and ranking pre-applications. Any scoring items that require supplemental
information to substantiate points must be submitted in the pre-application,
as further outlined in the Multifamily Bond Pre-Application Procedures
Manual. Applicants proposing multiple sites will be required to submit
a separate pre-application for each Development Site, unless staff
determines that one pre-application is more appropriate based on the
specifics of the transaction. Each individual pre-application will
be scored on its own merits and the final score will be determined
based on an average of all of the individual scores. Ongoing requirements,
as selected in the pre-application, will be reflected in the Bond
Regulatory and Land Use Restriction Agreement and must be maintained
throughout the State Restrictive Period, unless otherwise stated or
required in such Agreement.
(1) Income and Rent Levels of the Tenants. Pre-applications
may qualify for up to ten (10 points) for this item.
(A) Priority 1 designation includes one of clauses
(i) - (iii) of this subparagraph. (10 points)
(i) set aside 50% of Units rent capped at 50% AMGI
and the remaining 50% of Units rent capped at 60% AMGI; or
(ii) set aside 15% of Units rent capped at 30% AMGI
and the remaining 85% of Units rent capped at 60% AMGI; or
(iii) set aside 100% of Units rent capped at 60% AMGI
for Developments located in a census tract with a median income that
is higher than the median income of the county, MSA, or PMSA in which
the census tract is located.
(B) Priority 2 designation requires the set aside of
at least 80% of the Units rent capped at 60% AMGI (7 points).
(C) Priority 3 designation. Includes any qualified
residential rental development. Market rate Units can be included
under this priority (5 points).
(2) Cost of Development per Square Foot. (1 point)
For this item, costs shall be defined as the Building Cost as represented
in the Development Cost Schedule, as originally provided in the pre-application.
This calculation does not include indirect construction costs or site
work. Pre-applications that do not exceed $150 per square foot of
Net Rentable Area will receive one (1) point. Rehabilitation Developments
will automatically receive this point.
(3) Unit Sizes. (6 points) The Development must meet
the minimum requirements identified in this subparagraph to qualify
for points. Points for this item will be automatically granted for
Applications involving Rehabilitation (excluding Reconstruction).
(A) Five-hundred (500) square feet for an Efficiency
Unit;
(B) Six-hundred (600) square feet for a one Bedroom
Unit;
(C) Eight-hundred-fifty (850) square feet for a two
Bedroom Unit;
(D) One-thousand-fifty (1,050) square feet for a three
Bedroom Unit; and
(E) One-thousand, two-hundred-fifty (1,250) square
feet for a four Bedroom Unit.
(4) Extended Affordability. A pre-application may qualify
for up to three (3) points under this item.
(A) Development Owners that agree to extend the State
Restrictive Period for a Development to a total of 40 years (3 points).
(B) Development Owners that agree to extend the State
Restrictive Period for a Development to a total of 35 years (2 points).
(5) Unit and Development Construction Features. A pre-application
may qualify for nine (9) points, as certified in the pre-application,
for providing specific amenity and quality features in every Unit
at no extra charge to the tenant. The amenities and corresponding
point structure is provided in §11.101(b)(6)(B) of this part
(relating to Unit, Development Construction, and Energy and Water
Efficiency Features), which includes a minimum number of points that
must come from Energy and Water Efficiency Features. Applications
involving scattered site Developments must have a specific amenity
located within each Unit to count for points. Rehabilitation Developments
will start with a base score of (5 points).
(6) Common Amenities. All Developments must provide
at least the minimum threshold of points for common amenities based
on the total number of Units in the Development as provided in subparagraphs
(A) - (F) of this paragraph. An Applicant may choose to exceed the
minimum number of points necessary based on Development size; however,
the maximum number of points under this item which a Development may
be awarded under this section shall not exceed 22 points. The common
amenities include those listed in §11.101(b)(5) of this part
and must meet the requirements as stated therein. The Owner may change,
from time to time, the amenities offered; however, the overall points
as selected at Application must remain the same.
(A) Developments with 16 to 40 Units must qualify for
(2 points);
(B) Developments with 41 to 76 Units must qualify for
(4 points);
(C) Developments with 77 to 99 Units must qualify for
(7 points);
(D) Developments with 100 to 149 Units must qualify
for (10 points);
(E) Developments with 150 to 199 Units must qualify
for (14 points); or
(F) Developments with 200 or more Units must qualify
for (18 points).
(7) Resident Supportive Services. A pre-application
may qualify for up to ten (10) points for this item. By electing points,
the Applicant certifies that the Development will provide supportive
services, which are listed in §11.101(b)(7) of this part, appropriate
for the residents and that there will be adequate space for the intended
services. The Owner may change, from time to time, the services offered;
however, the overall points as selected at pre-application must remain
the same. Should the QAP in subsequent years provide different services
than those listed in §11.101(b)(7)(A) - (E), the Development
Owner may be allowed to select services as listed therein upon written
consent from the Department and any services selected must be of similar
value to the service it is intending to replace. The Development Owner
will be required to substantiate such service(s) at the time of compliance
monitoring, if requested by staff. The services provided should be
those that will directly benefit the Target Population of the Development
and be accessible to all. No fees may be charged to the residents
for any of the services. Unless otherwise specified, services must
be provided on-site or transportation to those off-site services identified
on the list must be provided. The same service may not be used for
more than one scoring item. These services are intended to be provided
by a qualified and reputable provider in the specified industry such
that the experience and background of the provider demonstrates sufficient
knowledge to be providing the service. In general, on-site leasing
staff or property maintenance staff would not be considered a qualified
provider. Where applicable, the services must be documented by a written
agreement with the provider. Unless otherwise noted in a particular
clause, courses and services must be offered by an onsite instructor(s).
(A) The Development Owner shall provide resident services
sufficient to substantiate ten (10) points; or
(B) The Development Owner shall provide resident services
sufficient to substantiate eight (8) points.
(8) Underserved Area. An Application may qualify to
receive up to four (4) points if the Development Site meets the criteria
described in §11.9(c)(6)(A) - (E) of this title. The pre-application
must include evidence that the Development Site meets this requirement.
Regardless of the varying point options listed under §11.9(c)(6),
the number of points attributed to this scoring item shall be four
(4) points.
(9) Development Support/Opposition. (Maximum +24 to
-24 points) Each letter will receive a maximum of +3 to -3 points
and must be received 10 business days prior to the Board's consideration
of the pre-application. Letters must clearly state support or opposition
to the specific Development. State Representatives or Senators as
well as local elected officials must be in office when the pre-application
is submitted and represent the district containing the proposed Development
Site. Letters of support from State or local elected officials that
do not represent the district containing the proposed Development
Site will not qualify for points. Neutral letters that do not specifically
refer to the Development or do not explicitly state support will receive
(zero points). A letter that does not directly express support but
expresses it indirectly by inference (i.e., "the local jurisdiction
supports the Development and I support the local jurisdiction") counts
as a neutral letter except in the case of State elected officials.
A letter from a State elected official that does not directly indicate
support by the official, but expresses support on behalf of the official's
constituents or community (i.e., "My constituents support the Development
and I am relaying their support") counts as a support letter. A resolution
specifically expressing support that is adopted by the applicable
Governing Body will Cont'd... |