Scoring Priorities

1. Initiatives that finance the purchase, construction, and/or rehabilitation of owner-occupied housing for very low-, low, and moderate-income households (any household for which the aggregate income is 80 percent or less of the area median income as determined and published by the United States Department of Housing and Urban Development) for the retention period of five years; or
   
   
2. Initiatives that finance the purchase, construction, and/or rehabilitation of rental housing, of which at least 20 percent of the units will be occupied by and affordable for very low-income households (50 percent or less of the area median income as determined and published by the United States Department of Housing and Urban Development) for the retention period of 15 years.

Points Are Awarded as Follows:

• Targeting consistent with the ownership or rental priorities described above (up to 20 points)
  
  
• Use of donated federal-government-owned or other properties
  (up to 5 points)
  
  
• Sponsorship by a not-for-profit organization or government entity (up to 5 points)
  
  
• Housing for homeless households (up to 5 points)
  
  
• Promotion of empowerment (up to 10 points)
  
  
• First-time home buyers (up to 5 points)
  
  
• Financial participation by the member (up to 15 points)
  
  
• Economic diversity (5 points)
  
  
• Community stability (up to 15 points)
  
  
• Effectiveness — AHP subsidy per unit (up to 5 points)
  
  
• Initiatives located in rural areas (5 points)
  
  
• Second District Priority (5 points)