07-13-2022 Council Packet - Laserfiche WebLink

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Pre-Dev Pre-Development Eligible Costs Table Eligible Costs What: Proposed Project Outcomes Affordable Housing • Physical or capital needs assessment or energy audits for rehab of affordable housing buildings and/or units (only eligible for units affordable at 60% of AMI with income restrictions in place for a minimum of 15 years) • Architectural design services (schematic design and design development) • Appraisal for site acquisition Financial Models • Financial modeling to determine finance structure for project development and long-term management of affordable housing and jobs projects located in low income areas • Feasibility studies to determine project feasibility, a housing mix that increases housing choice or commercial mix to support living wage jobs, or a market study to determine the demand for the proposed development project or project elements How and Who: Proposed Project Process and Project Partners to Support Equitable Development Strategies • Design workshops and community engagement activities that center those least represented and most impact by historic racial inequities (including but not limited to compensation for consultants leading work, participants, advisory committee members, childcare, food for engagement events*) • Community Benefits Agreement • Understanding history of discrimination and land ownership in and around the project site and using that information to inform the future project • Health Impact Assessment, displacement risk assessment and/or mitigation plan, equity analysis or impact analysis • Wealth building planning • Developer mentoring for new and/or small developers • Displacement prevention planning * Food costs should be within Council limits and be purchased from DBE or DBE qualifying vendorsIneligible Costs • Corridor, small area or station area plans • Area analysis of alternatives for market mix or financial feasibility • Strategies for land banking and acquisition • Generic traffic study, environmental review such as AUAR, EAW, or EIS, appraisals, permits, etc… • Administrative overhead • Soft costs which are not directly related to an awarded grant activity • Work done before the grant was awarded