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2014.04.08 EDA Agenda Packet
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2014.04.08 EDA Agenda Packet
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1/11/2016 10:55:29 AM
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Commissions
Meeting Date
4/8/2014
Document Type
Agenda/Packets
Commission Name
EDA
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CDBG/HOME 2014 <br />PROGRAM YEAR <br />PROPOSAL SUMMARY <br />AND <br />FUNDING RECOMMENDATIONS <br />FUNDS AVAILABLE <br />Community Services staff and the CDBG/HOME Citizen Advisory Committee considered five <br />proposals totaling $950,075.00. Two of the proposed projects were reallocated 2013 funds <br />(board approved on March 11, 2014). The estimated amount of funding that is projected to be <br />available for the remaining competitive projects in the 2014 program year is: <br />2014 Community Development Block Grant (CDBG) Estimated $392,707.04 <br />2014 HOME Investment Partnership (HOME) Estimated $176,728.48 <br />2012 CDBG & HOME Funds that need to be reallocated to a project $ 3,436.87 <br />TOTAL $572,872.39 <br />PROCESS <br />Funding recommendations are a result of a five-step process: <br />Step 1: Staff evaluates projects using 17 criteria approved by the Citizen Advisory Committee and <br />16 additional decision factor bonus points. <br />Step 2: Citizen Advisory Committee evaluates projects, conducts applicant interviews and makes a <br />funding recommendation to the County Board. <br />Step 3: County Board approves a preliminary funding recommendation. <br />Step 4: County solicits public comment on preliminary funding recommendation. <br />Step 5: County Board approves final funding recommendation. <br />GENERAL EVALUATION AND RANKING CRITERIA <br />Threshold Criteria <br />4 total points <br />Project Impact <br />45 total points <br />National Objective <br />10 points <br />Consolidated Plan Priority <br />15 points <br />Demonstrated Benefit <br />5 points <br />Project Duration <br />15 points <br />Project Management <br />30 total points <br />Project Readiness <br />10 points <br />Funding Commitment <br />3 points <br />Acceptance of Funds as Loan <br />3 points <br />Documentation of Costs <br />4 points <br />Organizational Track Record <br />5 points <br />Other Federal Requirements <br />5 points <br />Local Commitment and Support <br />17 total points <br />Community Support <br />5 points <br />Leveraging of Resources <br />8 points <br />Other Public Financing <br />4 points <br />Other Considerations'* <br />16 total points <br />TOTAL POSSIBLE POINTS <br />112 points <br />(if an organization had unspent prior funds for 2090, 2019, and 2012 1-3 points were subtracted for unspent funds) <br />"Other considerations includes items such as `close to transit," "health and safety issue," and "serves persons with <br />physical disabilities." <br />
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