Title:
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REPORT - FISCAL YEAR 2022-2023 NOTICE OF FUNDING AVAILABILITY - FUNDING RECOMMENDATIONS
BACKGROUND: The Fiscal Year 2022-2023 Focused NOFA was published on April 4, 2022, with project applications due on April 29, 2022 (Attachment 1). As communicated in the NOFA, approximately $10,600,000 of funds are available. The Housing Authority received ten applications requesting $21.2 million for 575 total units. Eight applications were received for new construction projects and two applications were received for rehabilitation and/or acquisition/rehabilitation projects.
The projects were evaluated and ranked based on project readiness, affordability, bedroom size, special needs set asides, leveraging, project competitiveness, developer and management experience, services and amenities, and other factors. A detailed list of the ranking criteria and the point. A Housing Authority Ad-Hoc Review Committee comprised of Commissioners Owen, LaPenna, and Rawhouser met on June 13, 2022 to revi...
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Code sections:
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15182 - Projects Pursuant to a Specific Plan, 15301 - Existing Facilities
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