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Priorities <br />1. Acquisition and rehabilitation projects <br />2. Homeownership projects <br />Projects that do not fit these two priorities will still be <br />eligible to submit a proposal. <br />Competitive Selection Criteria also includes: <br />Project provides at least 50% or more of the units for <br />extremely low-income families at 30% AMI (possible <br />F <br />oints based on a tiered scoring —10 pts. for 50%, 8 pts. <br />0r 40%, 6 pts. for 30%, 4 pts. for 20%, etc.) <br />BONUS POINTS: Project provides at least 75% or more of <br />the units for extremely low-income families at 30% Area <br />Median Income <br />