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Home My WebLink AboutAgenda - 10-04-2016 - 8-a - Discussion of the Proposed Orange County FY 2016 - 2020 Affordable Housing Strategic Plan 5 • ORANGE COUNTY NORTH CAROLINA DRAFT Attachment 1 Bond Funds to Help the County Reach a Countywide Shared Goal of 1,000 Affordable Housing Units in Five Years: 2016— 2020 OPTION: TARGETING INCOME and SPECIAL NEEDS by#UNITS and TYPE Household Income Range Target Units Percent of Examples of Population Units Served 0 to < 30% 250 (all new rental) 25% Minimum Wage Earners, Childcare Providers, Restaurant Service Workers and Artists <30%to< 50%Area Median 250 (all new rental) 25% Maintenance Workers, Income Nursing Assistants and Health Aides, Teacher Assistants and Construction Helpers > 50%to< 80%of Area Median 250 (rental and 25% Workforce employees, Income homeowner; new teachers, small business and existing units) owners and first responders Special Needs Populations 250 (all new rental) 25% Residents with disabilities, older adults/seniors, residents experiencing or at risk of homelessness, and victims/survivors of domestic violence Total 1,000 U.S. Department of Housing and Urban Development (HUD) Income Limits as of April 13, 2016: Area median income for Orange County is$74,900(family of four) 30%-$21,200 50%-$35,350 60%-$42,420 80%-$56,550 6 ORANGE COUNTY NORTH CAROLINA Attachment 2 Bond Funds to Help the County Reach a Countywide Shared Goal of 1,000 Affordable Housing Units in Five Years: 2017 — 2020 DRAFT PROPOSED AFFORDABLE HOUSING PROGRAM EVALUATION: SCORING CRITERIA A. Income Targeting and Special Needs (45 points) Household Income Range Points to be Awarded 0to < 30% 25 <30%to< 50% of Area Median Income 15 > 50%to < 80%of Area Median Income 10 Special Needs Populations 20 B. Leveraging( points) Percent Funded by Bonds and Other County Funding Points to be Awarded 60-80% 3 40-59% 6 20-39% 9 10-19% 15 <10% 20 Other Criteria Points to be Awarded 1. The project pays property taxes 2 2a. The project repays the bond funds—principal only. 5 2b.The project repays the bond funds—both principal and interest. 10 3. The Project is a Mixed Income Project: The project serves more than §10 one income category and minimizes the concentration of affordable housing projects in a particular geographic area. 4.The Project is a Mixed Use Project: The project includes uses in 10 addition to residential uses that offer access to employment opportunities and other day to day needs. 7 C. Design (20 points) Building Design Scoring Criteria Maximum Points to Be Awarded 1.The project meets or exceeds the NC Housing Finance Agency Energy 3 Efficiency Criteria. 2.The project is accessible to needed services for the target population 4 such as healthcare, schools, and or grocery shopping. 3.The project provides for handicap accessibility and/or utilizes the 3 principles of Universal Design in the building design. 4.Additional points may be awarded for meeting 2 aspects associated with functionality and maintenance. 5.The protect is connected to Watcr water and sewer service armor will 4 connect to existing service. availablc 6. Public transportation and related facilities and improvements are 4 available where applicable, e.g., bus shelter, accessible stops, etc. Community Design (10) Scoring Criteria Maximum Points to be Awarded 7. The project contributes to a mix of housing within an existing 3 neighborhood. 8. Additional points may be awarded for criteria associated with building 3 appearance, quality of construction, compatibility with surrounding housing, ability to foster a sense of a secure community, and contributes to neighborhood revitalization and or affordable housing preservation. (Details must be provided by applicant) 9. Environmental impacts are identified with plans included to adequately 4 address minimizing impact on environment, e.g. reuse of building materials recycling, storm water management and water conservation. D. Community Sponsorship/Support (25 points) Scoring Criteria Maximum Points to be Awarded 1.The applicant can submit explicit evidence that they coordinated the 8 application with other organizations to complement and/or support the proposed project. 2.The applicant involved the intended beneficiaries of the project in the 7 planning process and describes outreach and marketing plan to be inclusive. 3.The applicant can demonstrate that it has been actively involved, or 5 describes the steps it will take to become actively involved in the Community's Consolidated Planning process to identify and address a housing need or problem that is related in whole or part to the proposed 8 project. 4.The applicant has developed, or describes plans to develop linkages with 5 other community activities so solutions are holistic and comprehensive. E. Project Feasibility(30 points) Scoring Criteria Maximum Points to be Awarded 1.The applicant can demonstrate site control, zoning, compliance, and a 10 timely construction schedule that is feasible. 2. Funding (other than bond or other County funding) is in place at the 10 time of application. 3.The applicant's proposal is complete and presents a proposed project 10 budget that is reasonable and is based on reasonable assumptions. F. Developer Experience (25 points) Scoring Criteria Maximum Points to be Awarded 1. Experience of the applicant in carrying out projects of comparable 10 scope and nature (e.g., new construction, rental housing, rehabilitation, etc.)to that proposed, and has met regulatory compliance for prior projects. 2.Applicant has proposed a team with demonstrated development, 5 managerial and financial management capabilities in prior projects. 3.Applicant has successful record of meeting proposed budgets and 10 timetables. TOTAL POTENTIAL POINTS: 200 ADDITIONAL COMMENTS: