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<br /> <br />Affordable Housing Funds Policies and Procedures Page 12 <br /> <br />The following constitute the City’s general selection criteria, and may be modified from time to <br />time to address practical requirements arising from a particular solicitation at the City’s <br />discretion: <br /> <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) 10 <br />Project provides a higher percentage of units for extremely low-income <br />households with deeper affordability 10 <br />Project increases affordable housing opportunities for special needs <br />populations including, but not limited to, homeless individuals and families, <br />and persons with a disability <br />5 <br />Sub-total 25 <br />2. TIMELINESS TO BUILD NEW HOUSING (Max. 20 Points) <br />Project has demonstrated site control 7 <br />Project is zoned appropriately 5 <br />Project does not have any other site-related issues 5 <br />Project aligns with the City’s Housing Element, Strategic Plan, and/or 5-Year <br />Consolidated Plan 3 <br />Sub-total 20 <br /> <br />3. PROPERTY MANAGEMENT EXPERIENCE AND SKILLS <br />(Max. 15 Points) <br />Project is energy efficient and incorporates green-building techniques 6 <br />Applicant's ability to manage affordable rental units to ensure ongoing <br />compliance with affordability requirements and long term financial solvency 3 <br />Applicant's past experience in property management 3 <br />Applicant's capacity and ability to quickly lease completed units 3 <br />Sub-total 15 <br />4. DEVELOPER EXPERIENCE AND SKILLS (Max. 15 Points) <br />Applicant's capacity and ability to obtain additional funding 4 <br />Applicant's capacity and ability to obtain entitlements 4 <br />Applicant's overall past and projected effectiveness to provide affordable <br />housing 4 <br />Applicant's past and projected effectiveness to manage the construction <br />process and stay on schedule 3 <br />Sub-total 15 <br />5. LEVERAGING OF CITY FUNDS <br />(Max. 5 Points) <br />Applicant's potential or capacity to obtain additional financing 5 <br />Sub-total 5 <br /> <br />Exhibit 1