Haw. Code R. § 15-311-32 - Evaluation of requests for program funds; criteria point system

(a) The corporation will review and evaluate each complete application for program funds, and shall take into consideration factors such as compliance with the purposes and intent of chapter 201H, HRS, and other relevant factors.

(b) In evaluating the requests for program funding, the corporation shall provide a preference to projects meeting the following criteria which are listed in descending order of priority:

(1) Projects which serve the original target group;

(2) Projects which provide at least five per cent of the total number of units for persons and families at or below thirty per cent of the median family income;

(3) Projects which provide the maximum number of units for families with incomes at or below eighty per cent of the median family income;

(4) Projects which are committed to serving the target group over a longer period of time;

(5) Projects which increase the integration of income levels of the immediate community area;

(6) Projects which meet the geographic needs of the target group of the proposed rental housing project, such as proximity to employment centers and services; and

(7) Projects being developed by applicants with a favorable past performance in developing, owning, managing, or maintaining affordable rental housing; provided that the corporation may include other criteria as it deems necessary to carry out the purposes of the revolving fund. If the corporation, after applying the process described in this section, finds a nonprofit project equally ranked with a for-profit or government project, the corporation shall give preference to the nonprofit project in allotting revolving fund moneys.

(c) In evaluating the requests for program funds, the corporation shall also provide a preference to projects producing units in at least one of the following categories:

(1) Multifamily units;

(2) Attached single-family homes;

(3) Apartments;

(4) Townhouses;

(5) Housing units above commercial or industrial space;

(6) Single room occupancy units;

(7) Accessory apartment units;

(8) Employee housing;

(9) United State Department of Housing and Urban Development mixed finance development of public housing units; and

(10) Other types of units meeting the criteria for eligibility set forth in subsection (b).

(d) In addition to the program preferences referenced in this section, the corporation shall evaluate projects in the following primary areas:

(1) Qualifications of applicant and development team;

(2) Site evaluation and land use characteristics;

(3) Environmental assessment; environmental impact statement;

(4) Zoning, subdivision, and permitting requirements;

(5) Financial, operational, and regulatory compliance evaluation;

(6) Project design;

(7) Tenant displacement and relocation considerations;

(8) Energy conservation and efficiency considerations;

(9) Target population and market conditions; and

(10) Overall competitive position, merit, and feasibility of the project.

(e) The corporation shall utilize the criteria point system attached hereto as Exhibit "A" to rate each application that has met the minimum criteria set forth in section 15-311-31. A minimum of 125 points out of 250 total points must be scored in order to be considered for further review by the corporation.

Notes

Haw. Code R. § 15-311-32

[Eff APR 23 2010] (Auth: HRS § 201H-202) (Imp: HRS § 201H-204) Am and comp 1/15/2022