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Scoring Process <br />thresholds = pts <br />Resulting housing units (rental or owner occupied) are market rate= <br />pts. <br />Proximity to Transit <br />Within one half 0.25 miles of Northstar Commuter Rail -Ramsey Station <br />10 pts. <br />Within one-half mile of Northstar Commuter Rail -Ramsey Station = 5 <br />pts. <br />Proximity to Local Employment <br />Within two-mile radius of area zoned Employment- 5 pts <br />Number of Units <br />1-2 units = 1 pt. <br />3-5 units = 2 pts. <br />6-10 units = 3 pts. <br />11-20 units = 4 pts. <br />21-40 units = 5 pts. <br />41-75 units = 6 pts. <br />> 75 units = 10 pts. <br />Readiness to Proceed(financial) could base having funding secures <br />Non -Financial Readiness to Proceed <br />Land use and zoning approvals- 5 pts <br />All necessary infrastructure for the project is complete-5 pts <br />Private Eauitv Percentaae <br />Leverage private dollars to public 2:1 <br />Federal/Local or Philanthropic Contributions <br />Project funds from federal government, area employer and/or a private <br />philanthropic, religious or charitable organization. <br />20% of development cost-10 pts <br />4-19% of development cost- 5 pts <br />Ratio of Soft Costs to Total Proiect Costs <br />0-15%- <br />15.1-25%- <br />Could break down more <br />Site Control <br />Fee Title Ownership = 10 pts. <br />Executed Purchase Agreement = 5 pts. <br />Executed Letter of Intent = 1 pt. <br />Investment to Tax Base Ratio <br />Architectural Standards (choose all that apply) <br />Horizontal siding accessory only = 2 pts. <br />50% brick or stone threshold = 2 pts. <br />Covered front porch > 50 square feet = 2 pts. <br />Roof < 25% of front fagade <br />