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Agenda - Council Work Session - 06/11/2013
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Agenda - Council Work Session - 06/11/2013
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3/18/2025 9:16:19 AM
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6/19/2013 4:14:17 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
06/11/2013
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Scoring Process <br />Part 2: City of Ramsey Housing Assistance Policy- Scoring Metrics <br />All applicants must respond to the scoring metrics listed below. The Project Score will be used to rank <br />priority of projects for multiple requests and review quality of the project that meets the City's various <br />housing, economic development, and land use goals. <br />Using the scoring criteria used for each metric. please fill in the appropriate score under the 'Developer <br />Claimed' column: <br />Project Details <br />Number of Units <br />Market Rate <br /># of Units <br />80% AMI 60% AMI <br />50% AMI 30% AMI <br />Total # of <br />Units <br />Scoring Process <br />Scorina Metric Developer City <br />Claimed Verified <br />Affordable Housina (rental and ownership) <br />50% of units and 30% Area Median Income (AMI) = 10 pts. <br />50% of units at 80% AMI = 5 pts. <br />Lona-Term Affordability <br />Projects that demonstrate the ability to serve tenants for longest period <br />of time. (i.e. keeping rents affordable for extended period of time) <br />30 years or more=10 pts <br />25 years or more= 8 pts <br />20 years or more= 5 pts <br />15 years or more=3 pts <br />Development of Senior Housina <br />Senior independent (owner or rental); or assisted living units: <br />Market Rate: 5 pts <br />Affordable at x% 10 pts <br />Owner occupied market rate and move up housina <br />Market rate rental = pts <br />Market rate ownership (attached or detached) =pts. <br />Move up (executive housing) housing = pts <br />Mixed Income Development <br />Inclusion of market rate and affordable (at least 30% of total units (SF <br />or attached) at 80% of AMI) within single development=x pts <br />Redevelopment: <br />New housing production as a result of redevelopment: <br />Resulting housing units (rental or owner occupied) meet affordability <br />
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