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layering review by a real estate advisor selected by the City and paid for by proposer. The real estate advisor <br />shall confirm the underwriting for the Project, the financial gap, and other programmatic requirements related to <br />the funding sources. If the Review Panel determines that the Proposal will not be recommended for approval <br />(i.e. the Proposal does not meet the minimum threshold score of 75 points), the Developer will be notified in <br />writing of the decision and the result will be published in the Housing Division Quarterly Report. <br />Each member of the Review Panel will evaluate and rank each proposal using the evaluation criteria listed below: <br />COMPETITIVE SELECTION CRITERIA <br />1. LEVEL OF AFFORDABILITY AND TARGET POPULATION <br />(Max. 25 Points) <br />ELIGIBLE <br />POINTS <br />Project significantly increases affordable housing opportunities -for large <br />families (three- and four -bedroom units) I " <br />10 <br />Project provides a higher percentage of units for extremely lo*-income <br />households with deeper affordability <br />10 <br />Project increases affordable housing opportunities -for'special 'needs <br />populations including, but not limited to, homeless individuals arid families, <br />and persons with a disability <br />5 <br />Sub-iotal <br />25 <br />2. TIMELINESS TO BUILD NEW HOUSING (Max. 20 P6ints) <br />Project has demonstrated site control <br />7 <br />Project is zoned appropriately <br />5 <br />Project does not have any other site -related issues <br />5 <br />Project aligns with the City:s Housing Element' Strategic Plah,,and/or 5-Year <br />Consolidated Plan <br />3 <br />Sub -total <br />20 <br />3. PROPERTY MANAGEMENTEXPERIENCE AND SIULLS <br />(Max. 15 Points) - - 1. <br />Project is energy efficient and incorporates green -building techniques <br />6 <br />Applicant's ability tomanage affordable rental units to ensure ongoing <br />compliance with affordabilAy reqi��rements and long term financial solvency <br />3 <br />Applicant's,pitst experience'in property, management <br />3 <br />Applicant's capacity and ability io quickly lease completed units <br />3 <br />Sub -total <br />15 <br />4. DEVELOPER EXPERIENCE AND SKILLS (Max. 15 Points) <br />Applicant's capacity and ability to obtain additional funding <br />4 <br />Applicant's capacity andability to obtain entitlements <br />4 <br />Applicant's overall past and projected effectiveness to provide affordable <br />housing <br />4 <br />Applicant's past and projected effectiveness to manage the construction <br />process and stay on schedule <br />3 <br />Sub -total <br />15 <br />5. LEVERAGING OF CITY FUNDS <br />(Max. 5 Points) <br />Applicant's potential or capacity to obtain additional financing <br />5 <br />1 Sub -total <br />5 <br />City of Santa Ana Community Development Agency <br />Request for Proposals for Affordable Housing Development <br />Page 12 <br />1901-16 <br />