CITY OF ALBUQUERQUE Department of Family and Community Services RANKING MATRIX Rental Development and Land Acquisition Applications Applicant Name: Name of Applicant Representative Completing this Matrix Form: Title of Applicant Representative: Date: Applicant Representative Phone Number: Applicant Representative email address: PART 1 THRESHOLD REQUIREMENTS The following questions represent Threshold Requirements. ALL must be answered “Yes” to be considered for project funding. Please enter your responses by checking “Yes” or “No” in the Applicant Response column below. Evaluation Factor Applicant Response City Verification 1. Does this project serve the required percentage of families at or below 80% of the Area Median Income (AMI)? Yes No 2. Is applicant either a not-for-profit, or, is the not-for-profit a controlling partner in the applicant partnership? Not-for-profit must be authorized to do business in New Mexico and have a valid 501 (c)(3) or (c)(4) determination from the IRS or other 501 (c) designation, approved by the City on a case-by-case basis. Yes No 3. Is the not-for-profit a city approved: Affordable Housing Development Organization (AHDO), or Community Housing Development Organization (CHDO)? Yes No 4. The project must meet the following minimum property standards: All State and local codes and ordinances that apply to the project regardless of whether the project involves acquisition, rehabilitation, or new construction. Uniform Federal Accessibility Standards. The UFAS standards apply to new construction and substantial rehabilitation, in accordance with Section 504 of the Rehabilitation Act of 1973. International Energy Conservation Code and Site and Neighborhood Standards, for new construction projects. Fair Housing Amendment Act Guidelines (for new construction). Does the project comply with all of the above listed requirements? Yes No 5. Is this project financially feasible and financially sustainable by meeting the requirements of the Development Proforma and Operational Proforma sections of the HOME Underwriting Guidelines? Yes No 6. Has the applicant submitted an Affirmative Marketing Plan? Yes No 7. For new construction, project is not located in a floodplain or will be constructed in a manner that it can be removed from the floodplain. Yes No
5. Metropolitan Redevelopment Area (MRA) **Project is located within a designated Metropolitan Redevelopment Area (MRA) and/or Centers or Corridor Review Standard: 15 pts. maximum for all categories. Located in an MRA = 15 points Located within a Center or Corridor = 15 points Located in a Qualified Census Tract = 10 points 15 6. Infill Area Project is located in an Infill Area as defined within the 1960 Municipal Limits. Review Standard: Located in an Infill Area = 10 points 10 7. Link to Growth Management Plan Project supports the City's Planned Growth Strategy. Review Standard: Project is located near existing neighborhood shops, services and facilities so that the project boundary is within ¼ mile walk distance of at least four, or within ½ mile walk distance of at least 6, of the “List of Diverse Uses” defined in the Application = 3 points Project is located in a Census Tract with an area where there are: 2-4 jobs per house = 1 point 4-6 jobs per house = 2 points 6 or more jobs per house = 3 points Note: If a Census Tract qualifies under more than one category, the highest number of points may be taken Project is part of a mixed-use development = 3 points Project encourages walkability, pedestrian activity and use of existing public park and recreation facilities, provides common areas for community gatherings = 3 points Project contributes to the scattering of Workforce Housing throughout the City by not being located within ½ mile of an existing City-funded affordable housing development = 3 points 15 8. Project Mix Incorporates Units for Extremely Low Income Families **At least 30% of the units benefit families at or below 30% AMI Review Standard: Project provides at least 30% of the units for families at or below 30% AMI: Yes = 20 points; No = 0 points 20
9. Project Mix Incorporates Units for Very Low Income Families **At least 50% of the units benefit families at or below 50% AMI Review Standard: Project provides at least 50% of the units for families at or below 50% of AMI: If yes = 10 points; if no = 0 points 10 10. Project Mix Incorporates Market Rate Units At least 15% of the total units are market rate. Review Standard: 15% of the project units are market rate: If yes = 5 points; if no = 0 points 5 11. Complete Application Complete application has been submitted Review Standard: Application did not require any deficiency corrections per City staff review. 5 ** These criteria may become required at certain times during the funding cycle depending on the percentage of funds required to be spent by a designated date to meet the funding requirements of the Workforce Housing Opportunity Act. *** Funds included in the group of “city funds or federal and state funds flowing through the city” include Housing Trust Funds, HOME, Community Development Block Grant (CDBG), HNED aka UDAG, Emergency Shelter Grants (ESG), City General Fund including donated land, and General Obligation (GO) Bonds.