Project Selection Criteria. • Project feasibility as determined by:✓ Applicant’s development and construction experience;✓ Applicant’s management experience; and✓ Financial feasibility to complete and operate the project (including, but not limited to, cost estimates, cash flows, debt service, coverage ratios, the percentage of public monies requested compared to project cost; leveraging)• Applicant’s performance and/or compliance (including any prior defaults) of any prior loans or contracts with the HFA or the County;• The extent to which social services and assistance is offered to occupants (including, but not limited to, job training, computer training, home purchase assistance, health-related support);• The extent to which there is temporary (for any rehabilitation projects) or permanent displacement of existing tenants (then in which event either shall be scored as a negative factor); and,• The following shall receive emphasis in scoring:✓ Existing projects with either expiring Section 8 rental assistance contracts, or✓ The preservation of projects that have expiring affordable housing land use restrictions.• The HFA established the following funding priorities for Applicants applying for the Local Contribution in conjunction with FHFC RFA 2021-201:✓ Location within a Geographic Area of Opportunity✓ Maximum Economic Impact✓ Developments which provide a lift to the neighborhood, and could lead to additional revitalization and/or neighborhood improvement✓ Projects that result in the adaptive reuse or redevelopment of existing structures or properties✓ Proximity to public transportation✓ Leveraging of HFA funds with other County resources that could be used to meet the FHFC required contribution level, and leveraging of HFA funds with other funds to achieve greater impact on the community/neighborhood✓ Ability to meet FHFC requirements for the contribution to be a part of permanent financing with minimum loan term.✓ Developments which commit to an affordability period beyond the minimum 50 year period required by FHFC and HFA Note: The Board directed that the Guidelines include the following notice: Applications for developments serving the FHFC demographic groups of both Family and Elderly will be accepted. However, if the Board determines that a family development equals or exceeds an Elderly development in terms of the Board’s evaluation of the criteria and priorities detailed above, the development serving the Family demographic will be selected. Note: A map of Geographic Are...
Project Selection Criteria. In accordance with Section 42(m)(1)(a)(ii) of the Internal Revenue Code, AHFA is required to notify the chief executive officer (or equivalent) of the local jurisdiction within which an applicant has submitted an application for funding using the Low-Income Housing Tax Credit program. AHFA is required to provide such individual a reasonable opportunity to comment on the project. Comments made by the executive officer will be considered by AHFA, along with other market information, to determine the feasibility or viability of the project. While a lack of expressed support does not mean that the project is necessarily opposed by the community, more consideration is given to projects which are able to demonstrate support from the communities they will ultimately serve. AHFA recognizes that having community support can also reduce the “NIMBY” (Not-In-My-Backyard) issues that may accompany an affordable housing project. AHFA is required to evaluate each application to determine which projects should receive Housing Credits. Applicants must complete the following basic steps:
Project Selection Criteria. Projects to be considered for inclusion in the FAS CIP fit the priority themes above and adhere to the capital and asset preservation policies adopted in Resolution 31203. They typically fall into two categories: projects that improve or enhance operational effectiveness or projects that preserve the City’s capital assets. FAS solicits requests from its tenant departments for facilities-related projects that create or enhance operational effectiveness, vets them for timeliness and appropriateness and evaluates each request on its own merit. FAS also seeks Executive direction regarding projects that increase departments’ operational capacity and other areas of opportunity to consider when planning the City’s CIP priorities. Asset preservation work is planned on a six-year cycle and evaluated for specific project development and execution. Department staff uses a custom database known as the Unifier Asset Management and Preservation System (Unifier), to maintain building-specific facilities condition indices and known building deficiencies in the more than 100 FAS-managed buildings. Every year FAS revises the list of facility asset preservation projects that need to be addressed. This list is compiled from annually updated asset management data generated by building condition assessments, energy audits, performance metrics and other capital planning studies. Unifier allows FAS’ various operational work units to collaborate in the scheduling and tracking of preventative maintenance activities. The system organizes tasks such as work-order management, facility maintenance, lease management and maintenance of property information. Elements that extend the useful life of improvements, increase tenant comfort and reduce utility bills are integrated into existing projects where feasible.
Project Selection Criteria. Proposals will be reviewed initially for completeness, including all submission requirements referenced in Exhibit 1. Applications must obtain a minimum of 400 points to be considered for funding. Applications that do not receive at least this cumulative total will be denied. A maximum of 940 points per application may be awarded as specified below:
Project Selection Criteria. This is a priority project for UETCL and the investments are based on the Uganda Grid Development Plan, which details the transmission investments requirements for Uganda for the period 2013 - 2020. The investment plan is updated every year after carrying out of rigorous network analysis, power flow studies, and least cost power cost analysis.
Project Selection Criteria. The New York State Department of Transportation, Public Transportation Bureau (PTB) staff will determine the initial project eligibility. The first review of applications will assess if proposals are complete, clear, and meet the objectives of the JARC and NF programs. Those projects that pass the first review will then be graded according to the following criteria: ▪ Meets Project Needs/Goals and Objectives (25 points)▪ Implementation Plan (25 points)▪ Project Budget (20 points)▪ Coordination and Program Outreach (20 points)▪ Program Effectiveness and Performance Indicators1 (10 points) (Current or Existing Projects Consideration) 1Existing sub-recipients awarded FTA JARC or NF funding will undergo a review of current and past performance. The performance measures and review of the existing or previous sub-recipient within the FTA grant system administered by NYSDOT will be: 1. Ability to submit reports correctly and on time; 2. Ability to meet stated project milestones; 3. Draw down of project funds within the contract term; 4 Ability to account for and maintain project equipment; 5. Ability to comply with FTA and NYS rules and regulations as stated in the guidance material. Note: All projects submitted must be derived from a Locally Developed Coordinated Public Transit - Human Services Transportation Plan (Coordinated Plan), citing the page number, the project strategy, activity, and/or efficiency is addressed in the plan.
Project Selection Criteria. Transformative projects will be reviewed based on the following criteria:• Alignment with LIREDC strategy• Number of permanent, high-quality jobs• Ability to leverage prior NYS investment• Amount of leveraged non-state funding sources, including demonstration that at least 50 percent of non-state funds are utilized• Support of NYS officials (letters of support from Senators and Assemblymembers)• Demonstrated local government and/or community support (if site plan approvals necessary process should be underway)• Financial strength of applicant, and demonstrated ability to complete projects in a timely mannerSelection criteria for the Business Plan Competition and Workforce Development Center funding will be articulated in a forthcoming RFP.