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Housing Assistance Policy <br />Staff Review MEMO <br />STAFF SUMMARY: <br />The purpose of this policy is not to eliminate or accept projects. The purpose of this policy is to help <br />policy makers rank projects, and provide a basis to accept or deny assistance requests. The grading/ <br />scoring system set out in this policy is intended/ structured not to yield a perfect or very high score for <br />any particular project. <br />PSD LLC partially complied with 2/12 housing priorities, 5/16 housing goals (minimum thresholds), and <br />scored 68/152 within the scoring section of this policy. Staff believes, based on this policy, the PSD LLC <br />request is reasonable and acceptable. Please see details below. <br />PROJECT BRIEF: <br />Please see project background included in case or in the attached application from PSD LLC. <br />PROJECT DETAILS: <br />122 units at 80% area median income. <br />HOUSING PRIORITIES: <br />1. NA <br />2. NA <br />3. NA <br />4. NA <br />5. NA <br />6. Partially. This project does include a handful of amenities. The proposed apartment complex <br />will feature tuck -under heated and secured parking on half of the first floor, quality entrance <br />area (fire place, couches, chandeliers), high quality detached garages, a small park (including a <br />playground), a community garden, a mix of 1-2-3 bedroom apartments, a full size workout <br />facility, quality community grills/ patios/ seating, community room/ game room, and quality <br />interior design (granite counter tops, granite window sills, wood blinds, vinyl plank wood floors, <br />stainless steel appliances, quality solid -wood cabinetry design, full-size in -unit washer/ dryers, <br />triple pane high energy efficiency windows, garbage shoots). The proposed project will front The <br />Draw Park along Ramsey Parkway, and will comply with the City's zoning regulations (i.e. <br />architecture). <br />7. Partially. This project does include 18 3 bedrooms, and 14 2 bedrooms with dens. <br />8. NA <br />9. NA <br />10. NA <br />11. NA <br />12. NA <br />