Agenda - Planning Commission - 10/03/2013

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Community room /gathering area= 1 point On -site fitness center= 1 point Roof top gathering area= 1 point Indoor theatre= 1 point Outdoor facilities= 1 point per element: (i.e. walking trails, tennis /basketball courts, playground, others as proposed by applicant) Indoor or outdoor swimming pool= 1 additional point Development wide streetscaping, decorative lighting= 1 point Development wide trail system= 2 points Mixed Income Development Inclusion of market rate and affordable units within a single project (single or multiple buildings). All projects must have at least 50% of units at 80% AMI or above (market rate). 30% of total units (SF or attached) at 80% of AMI = 5 points 30% of total units (SF or attached) at 50% of AMI= 10 points Redevelopment: Rehabilitation of existing housing unit(s) at 80% or above AMI= 5 points. Proximity to Local Employment Within two -mile radius of area zoned Employment- 5 pt, Non - Financial Readiness to Proceed Land use and zoning approvals= 2 points IE Site Control Fee Title Ownership = 10 points Private Equity Percentage Cash equity commitment of at least 5% down payment= 5 points Federal /Local or Philanthropic Partnerships Project funds from the federal government, a local unit of government, area employer and /or a private philanthropic, religious or charitable organization. 20.1% and above of the development cost= 10 points 15.1 % -20 %= 8 points 10.1 % -10 %= 6 points 5.1% -10 %= 4 points 2.1% -5 %= 2 points Architectural Standards (choose all that apply) Use of Hardi -Board or equivalent= 2 points Horizontal siding accessory only = 2 points Minimum of 30% front elevation -brick or stone- 2 points Housing Assistance Policy DRAFT - Market Rate Housing Assistance Policy Draft — Market Rate (9/27/13) Page 5