PART V – EVALUATION CRITERIA Applicants are advised to read Section 5275 of the Committee’s Regulations regarding Single-Family Housing Programs when answering the following questions. 1. Past Program Performance Attach (Attachment “P”, provided with this Application) evidence documenting past Program performance over the last three years. Attachment P must demonstrate that Single Family Housing Program Allocation from years has been used to originate Mortgage Revenue Bond loans or has been refunded for the purpose of extending the use of bond proceeds for the program. Program Performance Monitoring Beginning with calendar year 2000 Allocations, Applicants will be required to track the information identified in the Exhibit attached to this form and report that information to CDLAC as required. SFHBP APPLICATION DOCUMENTS CHECKLIST This checklist is provided to ensure that a completed application package is filed with the Committee. If an attachment does not apply, please write N/A in the space provided. Your application package must contain the following: Check Box Document Description Attachment Name $1200 initial filing fee. (See Section 5056(a) of Regulations.) N/A Signed Performance Deposit Certification Form. (See Section 5050 of CDLAC Regulations.) N/A Evidence of Performance Deposit (See Section 5050 of CDLAC Regulations) N/A Completed and signed application with copy. Copy shall be bound in a three ring binder with all attachments labeled.* N/A Issuer’s Adopted Resolution(s) authorizing Program & CDLAC Application (See Section 5033(b)(5) of CDLAC Regulations.) A Evidence of TEFRA process. (See Section 5033(b)(6) of CDLAC Regulations.) B Evidence of Credit Enhancement or Bond Purchase Commitment. (See Article 6 of Chapter 1 of CDLAC Regulations.) C List of participating jurisdictions (See Section 5031(b) of Regulations) D Publicly adopted documents of participating jurisdictions, if applicable (See Section 5033(b)(7) of CDLAC Regulations) E No Longer Applicable F Program description narrative G Additional demand/supply documentation, if applicable H
Note: Incomes are as adjusted for family size. Year Total Number of Households Assisted Number of Households Assisted in Qualified Census Tracts Percent (%) of Households Assisted in Qualified Census Tracts Program Area No. of Households Assisted with Incomes Below No. of Households Assisted with Incomes Between No. of Households Assisted with Incomes Between No. of Households Assisted with Incomes Between No. of Households Assisted with Incomes Between Year Median Income 50% of Area Median 51-80% of Area Median 81-100% of Area Median 101-120% of Area Median 121-140% of Area Median $ $ $ ATTACHMENT P (page 2) Year Average Area Purchase Price (AAPP) of an Existing Home Number of Existing Homes Assisted Below 70% of AAPP Number of Existing Homes Assisted Between 71-90% of AAPP Number of Existing Homes Assisted Between 91-110% of AAPP $ $ $ Year Average Area Purchase Price (AAPP) of a New Home Number of New Homes Assisted Below 70% of AAPP Number of New Homes Assisted Between 71-90% of AAPP Number of New Assisted Between 91-110% AAPP $ $ $ Year Number of Rehabilitation Homes Assisted Average Rehabilitation Loan Amount Range of Rehabilitation Loan Amounts