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PRESENT <br />CRITERIA - <br />DELETE <br /> <br /> PROPOSED SUBSIDIZED <br /> HOUSING PROJECT <br />Project or application for sub- <br />sidy funds was approved by <br />governing body within past <br />two years but was rejected by <br />HUD or is still awaiting a <br />decision at HUD. <br /> <br />PROPOSED REVISION <br /> <br />4 <br /> <br />Proposed Subsidized Eousinc - <br />Municipalities receive an additional four <br />points if they can verify that in the past two <br />years they have received a family subsidized <br />housing proposal which is consistent with <br />RegiOnal goals and policies, and for which <br />they would have granted all necessary <br />municipal approvals and issued a building <br />permit had the proposal been selected for <br />funding by HUD', MHFA or FmHA. <br /> <br />EXPLANATION <br />FOR THE <br />CHANGE <br /> <br />The proposed change is intended to clarify wha~ is mea~ <br />by "approved by the governing body." It ~ also req~e <br />the municipa~y to make a ~earer statement of their <br />intentions regarding a proposed subsidized development. <br /> <br />ii <br /> <br /> <br />