Laserfiche WebLink
Mixed Income Development: <br />Applicant <br />Point <br />Allocation <br />City Point <br />Allocation <br />Inclusion of market rate and affordable within a single project (single or <br />multiple buildings). All projects must have at least 50% of units at 80% <br />AMI or above (market rate). <br />Circle: <br />Yes /No <br />30% of total units (SF or attached) at 80% of AMI =5 points <br />Site Control: <br />Circle: <br />Yes /No <br />Circle: <br />Yes /No <br />30% of total units (SF or attached) below 80% of AMI= 5 points <br />Fee Title Ownership has been obtained= 5 points <br />Private Equity Percentage <br />Cash equity commitment of at least 5% down payment is secured: 5 <br />points. <br />Redevelopment: <br />Within a two -mile radius of area zoned Employment= 5 points <br />Rehabilitation of existing housing unit(s) for occupants at 80% of <br />AMI= 5 points. If applicable, insert total number of units: <br />Non - Financial Readiness to Proceed: <br />Applicant <br />Point <br />Allocation <br />City Point <br />Allocation <br />Land use and zoning approvals have been obtained = 2 points <br />Circle: <br />Yes /No <br />Circle: <br />Yes /No <br />Site Control: <br />Circle: <br />Yes /No <br />Circle: <br />Yes /No <br />Circle: <br />Yes /No <br />Fee Title Ownership has been obtained= 5 points <br />Private Equity Percentage <br />Cash equity commitment of at least 5% down payment is secured: 5 <br />points. <br />Proximity to Transit <br />Applicant <br />Point <br />Allocation <br />City Point <br />Allocation <br />Within quarter mile (.25) of Northstar Commuter Rail- Ramsey Station: <br />10 points. <br />Circle: <br />Yes /No <br />Within one -half mile (.5) of Northstar Commuter Rail- Ramsey Station: <br />5 points. <br />Circle: <br />Yes /No <br />Proximity to Local Employment <br />Circle: <br />Yes /No <br />Within a two -mile radius of area zoned Employment= 5 points <br />Housing Assistance Policy- Market Rate <br />1 <br />8 <br />