Project selection criteria.

CFR · 2024-01-01 · US · Title 7

(a) Applicants must meet all of the following threshold criteria: (1) Provide a financially feasible program of housing preservation assistance. (2) Serve eligible rural areas with a concentration of substandard housing for households with very low- and low-income; (3) Be an eligible applicant entity as defined in § 1944.658 of this subpart; (4) Meet the requirements of consultation and public comment in accordance with § 1944.674 of this subpart; and (5) Submit a complete preapplication as outlined in § 1944.676 of this subpart. (b) For applicants meeting all of the requirements listed in paragraph (a) of this section, Rural Development will use the weighted criteria in this paragraph (b) in the selection of grant recipients. Each preapplication and its accompanying statement of activities will be evaluated and, based solely on the information contained in the preapplication, the applicant's proposal will be numerically rated on each criteria within the range provided. The highest ranking applicant(s) will be selected based on allocation of funds available to the State. Exhibit D of this subpart (available in any Rural Development office) will be used to document the rating. (1) Points are awarded based on the percentage of very low-income persons that the applicant proposes to assist, using the following scale: (i) More than 80%: 20 points. (ii) 61% to 80%: 15 points. (iii) 41% to 60%: 10 points. (iv) 20% to 40%: 5 points. (v) Less than 20%: 0 points. (2) The applicant's pr

official document · source cfr-2024 · id 7:§ 1944.679