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Not for Profit Foreclosure Prevention Assistance

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					                 SHIP (State Housing Initiatives Partnership)
                        AFFORDABLE HOUSING
                            HOMEOWNERSHIP
                     FORECLOSURE PREVENTION
                              APPLICATION
                                TO PREVENT FORECLOSURE
                     NON-PROFIT AND GOVERNMENTAL
                            AGENCIES ONLY
                              Fiscal Years 2007-2008 and 2008-2009
                                                        Application Period:
                                                  November 10 to 12, 2008




                                   Lee County Board of County Commissioners
                                     Department of Community Development
                                               Planning Division
                                                               P.O. 398
                                                      Fort Myers, FL 33902-0398
                                                            239-533-8585


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                                         TABLE OF CONTENTS


Table of Contents………………………………………………………………………….………i

Advertisement………………………………………………………………………....………….ii

Application Instructions………………………………………………….……….……………...iv

Application Selection Criteria…………………………………………………………….………v

Foreclosure Prevention Strategy…………………………………………...….…………………vi

SHIP Foreclosure Prevention Application……………………………………………….....1 - 13


This application is for non-profit organizations and local government agencies that will provide
assistance to individual homeowners who are in danger of losing their home through the
foreclosure process due to extraordinary hardship.

Reimbursement to the non-profit organizations and local government agencies will be made up
to $8,000 provided all support documentation is included in the close-out package and the
homeowner has demonstrated their ability to maintain their mortgage payments after the services
have been rendered. Written verification of income, employment and benefits must be obtained
for all applicants.




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Date of Advertisement: October 8, 2008

 TO ELIGIBLE NON-PROFIT ORGANIZATIONS AND GOVERNMENT AGENCIES ONLY
     NOTICE OF FUNDS AVAILABLE FOR THE LEE COUNTY STATE HOUSING
       INITIATIVES PARTNERSHIP (SHIP) PROGRAM FY: 2007/08 and 2008/09 --
                        FORECLOSURE PREVENTION

For more information please contact: the Lee County SHIP Affordable Housing Program Antia Richards at
(239) 533-8547, or by e-mail at Richarah@leegov.com

                    Lee County is pledged to the letter and spirit of U.S. for the achievement of equal housing
                    opportunity throughout the nation. Lee County encourages and supports affirmative
                    advertising and marketing programs in which there are no barriers to obtaining housing
                    because of race, color, religion, sex, handicap, familial status or national origin.


STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) Lee County Department of Community Development,
Planning Division announces the availability of funding as authorized under the State Housing Initiatives Partnership
(SHIP) Program created per Florida Statutes 420.907 and subject to the rules of Florida Administrative Code 67-37 and the
Lee County Local Housing Assistance Plan adopted April 29, 2008. The total available for 2007/08 is $675,000 and the
projected distribution for 2008/09 is $3,256,383. This notice is only for the foreclosure prevention strategy. A separate
notice will be published for the balance of the funds projected.

Funds are available on a competitive basis. Successful applicants must comply with the rules of the SHIP program as well
as those of other funding sources for their projects. Successful applicants must be IRS recognized non-profit organizations
or government agencies and must specialize in housing, community development, or supportive housing for people with
special needs. All non-profit and government agencies applying for SHIP funds are strongly encouraged to attend a pre-
application workshop on October 28, 2008 at 10 A.M. in the First Floor Conference Room of the Lee County Public
Works and Community Development Building, 1500 Monroe Street, downtown Fort Myers, FL 33901. Two or more
members of the Affordable Housing Committee may attend this public meeting and they may speak or engage in discussion
about issues considered. However, no actions will be taken by members on behalf of the Affordable Housing Committee.
Reasonable accommodations will be made upon request, contact Antia Richards at (239) 533-8547, or
Richarah@leegov.com.
                                   APPLICATION PERIOD November 10 to 12, 2008
The application period: November 10 to 12, 2008. Faxed applications will be disqualified. Applications must be
post marked no later than November 12, 2008. Mailing address is: Lee County Planning Div., P.O. Box 398, Fort
Myers, Florida 33902-0398. Applications can be hand delivered no later than 4 P.M. on November 12, 2008 at the
Lee County Planning Division, 1500 Monroe Street – second floor, Fort Myers, Florida 33901

SHIP FY 2007/08 and 2008/09 Funds --Foreclosure Prevention - Non-Profits or Government Agencies Only -
The Lee County SHIP Program has a Foreclosure Prevention program available to IRS approved non-profit affordable
housing providers and government agencies to prevent foreclosure on homes owned by households facing an extraordinary
hardship that is the cause for the delinquency on the first mortgage payments. All beneficiaries of the program must meet
income requirements for extremely low (30% of median), very low (50% of median), low (80% of median), moderate
(120% of median), or FL CWHIP workforce (140% of median). Very low and low-income households are a priority. For
moderate income households the priority is essential services personnel as defined in the Local Housing Assistance Plan.
SHIP funds may not be used for mobile homes.

Homeownership Strategy: Foreclosure Prevention -- Non-Profits or Government Agencies Only
Funds Available:    FY 2007/08 $675,000 – funds must be expended by December 31, 2009.
                    FY 2008/09 $225,000 – funds must be expended by December 31, 2010

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Maximum SHIP Award per Household: $8,000
Eligible Sponsors and Selection Criteria: IRS approved non-profit affordable housing providers and government
agencies. To participate in this strategy an organization must be a certified foreclosure intervention counseling agency
through an organization such as NeighborWorks America or a HUD approved affordable housing counseling agency. To
receive funding the organization must provide for each participating household written verification of the household’s
hardship, the resolution of the problem, and information on each household’s income, employment and benefits in
accordance with SHIP the income certification process.
Eligible Activities: Funds provided to nonprofits and/or government agencies to prevent foreclosure on homes owned by
qualifying households. Funding will be available on a first come, first qualified, first serve basis. Priority will be given to the
following households: Special Needs; Very-low, Low income and those with a current Lee County SHIP, HOME or CDBG
Mortgage. Residences must be located in unincorporated Lee County, Bonita Springs, Fort Myers Beach or Sanibel except if an
owner household acquired the residence in which the household currently resides with the assistance of the Lee County SHIP
Program or if the household qualifies as a Special Needs Household. (SHIP funds may not be used to purchase, rehabilitate or
repair mobile homes.)




                  MSA: Cape Coral-Fort Myers 2008 Income Limits Adjusted to Family Size
% of Yearly                                              Number of Persons in Household
Median Income               1            2             3          4           5               6             7             8

Extremely Low 30%      $12,550.00 $14,350.00 $16,150.00 $17,950.00 $19,400.00            $20,800.00    $22,250.00    $23,700.00

Very Low       50%     $20,950.00 $23,950.00 $26,950.00 $29,950.00 $32,350.00            $34,750.00    $37,150.00    $39,550.00

Low            80%     $33,550.00 $38,300.00 $43,100.00 $47,900.00 $51,750.00            $55,550.00    $59,400.00    $63,250.00

Moderate   120%        $50,280.00 $57,480.00 $64,680.00 $71,880.00 $77,640.00            $83,400.00    $89,160.00    $94,920.00
Workforce  140%
(FL CWHIP only)        $58,660.00 $67,060.00 $75,460.00 $83,860.00 $90,580.00            $97,300.00   $104,020.00 $110,740.00
FY 2008 Yearly median income for a household with four persons: $59,900.00
These income guidelines are updated periodically by the U.S. Department of Housing and Urban Development (HUD).




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                                         SHIP Application Instructions
       SHIP FORECLOSURE PREVENTION - FY 2007-2008 and 2008-2009
       Application Period: November 10-12, 2008

       An application package consists of one (1) original completed application with appropriate
       attachments. Please clip (do not staple) the application in the upper left-hand corner.

       This Foreclosure Prevention Program is a program in which Lee County SHIP
       (State Housing Initiatives Partnership) funds are made available on a
       reimbursement basis only to non-profit organizations or governmental agencies
       to assist qualified homeowners to prevent the foreclosure of homes in
       unincorporated Lee County, Bonita Springs, Fort Myers Beach and Sanibel.

       An exception will be made if an owner household acquired the residence in which
       the household currently resides with the assistance of the Lee County SHIP
       Program and that residence is located within Fort Myers or Cape Coral city
       limits or if the household qualifies as a Special Needs Household which includes,
       but is not necessarily limited to persons with developmental disabilities; persons
       with mental illnesses/substance abuse, persons with AIDS and HIV disease;
       runaway and abandoned youth; farm workers, the homeless, the elderly and
       persons with disabilities.

To submit an application in Person or using a Private Express       To mail an application using the US Postal Services
           Mailer, please use this street address:                         please mail it to the P.O. Box below:

                     SHIP Program                                                    SHIP Program
    Lee County Department of Community Development                  Lee County Department of Community Development
             Planning Division / Second Floor                                      Planning Division
        1500 Monroe Street, Fort Myers, FL 33901                                      P.O. Box 398

                                                                           Fort Myers, Florida 33902-0398

                                                                                          




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                                Application Selection Criteria
     The applications submitted must meet the following three criteria in order to be ranked.
             Applications that do not meet these three criteria will be disqualified.

_____   1.      Applicants must have their application signed by the designated party,
_____ 2.        Applicants must include in the application proof that the organization is
                recognized as a non-profit agency by the State of Florida,
_____ 3.        Applicants must include in the application proof that the U.S. Internal Revenue
                Service has approved the organization as a non-profit organization (i.e. 501.c.3);
                existing non-profits that have been in existence long enough to file federal taxes
                must also include a copy of their latest federal tax return (IRS Form 990).

       Funds will be made available on a reimbursement basis only to non-profit organizations or
        governmental agencies to assist qualified homeowners to prevent the foreclosure of homes in
        unincorporated Lee County, Bonita Springs, Fort Myers Beach and Sanibel.

       An exception will be made if an owner household acquired the residence in which the
        household currently resides with the assistance of the Lee County SHIP Program and that
        residence is located within Fort Myers or Cape Coral city limits or if the household qualifies
        as a Special Needs Household which includes, but is not necessarily limited to persons with
        developmental disabilities; persons with mental illnesses/substance abuse, persons with
        AIDS and HIV disease; runaway and abandoned youth; farm workers, the homeless, the
        elderly and persons with disabilities.

       All applicants will be given the maximum number of points for having an audit and for
        prior contract compliance unless there is evidence that the applicant had a poor audit
        report or contract experience with Lee County and the situation has not been rectified.
        For each un-rectified finding, points will be subtracted from the total score. New
        organizations that do not have an audit will receive no points.

       If staff believes a project is not viable, staff reserves the right to recommend no funding
        for that project and state the reason for such a recommendation. This is to avoid a
        situation where the county would end up funding an unfeasible project just because it met
        the minimum requirements and there was money available to fund it.

       It is the goal of the Lee County SHIP Program to provide funding for a variety of housing
        units and projects in many locations and to ensure that all projects can be completed in a
        timely manner.




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Foreclosure Prevention Strategy

1.      Summary of Strategy. For foreclosure prevention of homeowner dwelling. The County
        will provide funds to organizations (see sponsor selection criteria) to bring a household
        current with their existing first mortgage, up to the maximum allowable subsidy under
        this strategy. Assistance will be approved for the amount required. The household will
        be required to demonstrate the steps they are taking to resolve their situation.

2.      Fiscal Years Covered. 2008/09-2010/11

3.      Income Categories to be served. The household must be very-low, low, moderate or
        workforce (CWHIP clients) income at the time the Foreclosure Prevention assistance is
        provided.

4.      Maximum award is noted on the Housing Delivery Goals Charts:

5.      Terms and Default. The amount of the assistance provided will be subject to a
        subordinate mortgage on the property in the amount of the subsidy. The mortgage is zero
        interest, deferred payment, non-amortizing. It is forgiven in 5 years if the owner
        maintains the home as a principal residence. Upon the transfer of ownership or sale of
        the property before 5 years, the entire amount of the mortgage is due and payable to the
        SHIP Trust Fund.

6.      Recipient (Beneficiary Household) Selection Criteria: Residences must be located in
        unincorporated Lee County, Bonita Springs, Fort Myers Beach or Sanibel. An exception
        will be made if an owner household acquired the residence in which the household
        currently resides with the assistance of the Lee County SHIP Program and that residence
        is located within Fort Myers or Cape Coral city limits or if the household qualifies as a
        Special Needs Household which includes, but is not necessarily limited to persons with
        developmental disabilities; persons with mental illnesses/substance abuse, persons with
        AIDS and HIV disease; runaway and abandoned youth; farm workers, the homeless, the
        elderly and persons with disabilities.

               Assistance will be provided if the participating household has a fixed interest
                mortgage or agrees to modify or refinance their variable interest rate mortgage to a
                fixed rate mortgage.

               To qualify for assistance households must demonstrate:
                1)     The steps they are taking to resolve their situation
                2)     Once assistance is rendered that: a) they will keep up with their mortgage
                       payments and b) that these mortgage payments will be affordable (as
                       defined in this Local Housing Assistance Plan)
                3)     Commit to enroll in a credit counseling/budgeting course offered by an
                       approved local provider.

               Funding will be available on a first come, first qualified, first serve basis
                providing funding is available. Priority will be given to the following

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                households: Special Needs; Very-low, Low income and those with a current
                Lee County SHIP, HOME or CDBG Mortgage.

               Assistance will be provided where an extraordinary hardship exists -- as
                demonstrated through adequate documentation -- that is cause for the delinquency
                on their first mortgage payments.

        Extraordinary hardship is defined as situations such as:
              Loss of employment, through no fault of the borrower(s) but currently employed
              Substantial decrease in household income, through no fault of the borrower(s)
              Temporary or permanent disability that reduces income
              Changes in household composition that reduces income
              Demonstrated medical hardship
              Weather events such as fire, hurricane, or other natural disaster
              Unforeseen home repair bills
              Substantial increase in mortgage payments due participation in an adjustable rate
               mortgage or “ramp up” mortgage
              Substantial increase in payments due to escrow shortages

7.      Sponsor Selection Criteria. IRS approved non-profit affordable housing providers and
        government agencies, compete for SHIP funding according to the county’s
        procurement procedures. Sponsors will be selected based on the criteria shown in the
        Addendum. To participate in this strategy an organization must be a certified
        foreclosure intervention counseling agency through an organization such as
        NeighborWorks America or a HUD approved affordable housing counseling agency.
        To receive funding the organization must provide for each participating household
        written verification of the household’s hardship, the resolution of the problem, and
        information on each household’s income, employment and benefits in accordance
        with SHIP the income certification process.

8.      Additional Information. Eligible expenses include delinquent mortgage payments
        (principal, interest, taxes and insurance). Legal fees, special assessments, late fees,
        processing fees and other customary fees associated with defaulted mortgages may be
        paid if adequate documentation of efforts with lenders to negotiate them away is
        presented and depending on the availability of funding.

        Cash on hand: In general, the applicant(s) should not have more than three mortgage
        payments on hand. If the applicant has additional assets available, he/she may be asked to
        use those assets before mortgage payment assistance will be disbursed. Extenuating
        circumstances may be considered.




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     LEE COUNTY STATE HOUSING INITIATIVES PARTNERSHIP (SHIP)
               AFFORDABLE HOUSING APPLICATION
           FORECLOSURE PREVENTION - HOMEOWNERSHIP
Part I Applicant Information
1.      Applicant Information:
        a)      Applicant’s Name (Local Government or Non-Profit Organization): __________
                ____________________________________________________________________
        b)      FEIN #: ____________________________________________________________
        c)      Applicant’s Address:___________________________________________________
        d)      Applicant’s Phone Number:                                 Fax:__________________
        e)      Contact Person Name:
                Address:
                Phone #:                      Fax#:                   E-mail:

2.      Project Partner Information (If Applicable):
        a)      Name of Project Partner Organization: _________________________________
        b)      FEIN #:                                 For-profit          Non-profit __________
        c)      Project Partner Address: ______________________________________________
        d)      Project Partner Phone Number:                           FAX: __________________
        e)      Contact Person Name:________________________________________________
                Address:
                Phone #:                      Fax#:                        E-mail:

3.      Authorization (Please provide Name and Title of duly authorized representative):
        a)      Name:______________________________________________________________
        b)      Title:_______________________________________________________________
        c)      Street Address:______________________________________________________
        d)      Mailing Address:_____________________________________________________
        e)      Telephone Number:
        f)      Fax Number:
        g)      E-Mail:
        h)      Signature:
        i)      Date:


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Part II Project Information
4.      a) Amount of Funds Requested: ______________ Total Project Cost:
       b) Proposed Project Narrative: This is a description of the proposed project. Indicate how
you intend to use the SHIP funds requested and describe each of the major work items involved.
(Include an explanation of why SHIP funds are needed. Please add additional pages as needed.).




5.       Attachments
____ Non-profit Charter or similar document from the State of Florida.
____ I.R.S. letter recognizing organization as a non-profit organization (i.e. – 501. c.3).
____ Existing non-profits that have been in existence long enough to file federal taxes must
        included a copy of the latest federal tax return (IRS Form 990).
____ Copy of most recent audit and current financial statements
____ List of Board of Directors
____ List of staff and qualifications
____ Agency operational procedures or strategic plan
____ Project Budget
____ Continuation Sheets – Please label continuation sheets so it is clear what application item
        number is being addressed in the continuation sheet.


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Overall Capacity of the Organization, Including Management System, for Effective and
Efficient Production as Well as Cost and Quality Control

6. Staffing (Maximum Points – 5)
An applicant may be eligible for the maximum number of points if it can demonstrate in its
narrative that it has adequate and available staff to commence and complete the project in an
effective and efficient manner.




7. Operations Procedures (Maximum Points – 5)
In order to receive the maximum number of points, the applicant must provide its Board of
Directors’ approved Operations Procedures Manual. The applicant may receive some points if it
provides draft Operations Procedures.




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8. Staff Experience (Maximum Points – 5)
The experience of the applicant will be evaluated to include the applicant’s length of time in
business and staff experience and/or expertise in undertaking projects of a similar complexity as
the one for which the funds are being requested.

              Years of Similar Project Experience          Points Available
                         5 years or more                          5
                           3 to 5 years                           3
                           1 to 3 years                           2
                        Less than 1 year                          1
                         No experience                            0




9. Board Experience (Maximum Points – 5)
The experience of the board will be evaluated to include the board members’ experience and/or
expertise in undertaking projects of a similar complexity as the one for which the funds are being
requested.

              Years of Similar Project Experience          Points Available
                         5 years or more                          5
                           3 to 5 years                           3
                           1 to 3 years                           2
                        Less than 1 year                          1
                         No experience                            0




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10. Homeowner Counseling and Training (Maximum Points – 5)
In order to receive the maximum number of points, applicants must document that they have a
homeowner counseling and educational program or access to one. Applicants should include
program guidelines, training schedule, and the number of households who have participated in
the training over the past twelve months.




Development Feasibility – Ability to proceed in a Timely Fashion, Attain Clearly
Deliverable Objectives

11. Measurable Objectives are Clearly Stated (Maximum Points – 5)
The applicant clearly describes the project and states the number of housing units to be assisted
as well as number of intended beneficiaries and their income categories. Attach and label
continuation sheet if needed.
        a)     Total number of dwelling units to be assisted:
        b)      Total number of dwelling units by income level:
                very low income _____ low-income _____ moderate-income _____
                workforce income (CWHIP Only) _____ essential services personnel _____

12. Project Readiness and Can Be Accomplished in a Timely Fashion (Maximum Points – 5)
Points will be awarded based on the project commencement and completion dates listed in the
application. Project commencement will start after the grant award is fully executed.

                   Project Readiness                 Points Available
               Ready to start immediately                   5
               Start within 3 to 4 months                   3
               Start within 5 to 6 months                   2
              Start more than 6 months out                  1




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Financial Feasibility

13. Findings and Prior Contract Compliance (Maximum Points – 5)
In order to receive the maximum points, an applicant must not have had any findings during Lee
County’s SHIP Program Monitoring or the monitoring visits by the auditors’ from the Florida
Housing Finance Corporation, a clean audit report, and completion of previous projects funded
by prescribed deadlines. New organizations that do not have an audit will receive no points.

Points will be subtracted for each finding from the overall number of points an applicant
receives. This functions as a penalty to the applicant. The more findings; the more points
subtracted.




14. Independent Audit Report (Maximum Points – 5)
In order to receive 5 points, the applicant who has received prior SHIP, CDBG, or HOME funds
must provide an audit that does not include any material weaknesses for the prior year.
Applicants who have not been audited will not receive any points nor have any points subtracted.




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15. Project Budget to Include Sources and Uses of Funds (Maximum Points – 15)
In order to receive the maximum number of points, the applicant’s budget must be clear, add up
correctly, demonstrate that the project is financially feasible, and include all sources and uses to
be used to implement the foreclosure prevention project for which funds are being requested.
There must be documentation of all sources of funds such as a letter of commitment from
funding sources or a statement of intent to apply for specific sums from identified funding
sources at specified times.

 Sources of Funds
 Financing:
 Source of funding i.e. Financial Institution, HOPENOW, FannieMae, NeighborWorks America, SHIP and amount of
 funding per source




 Uses of Funding
 (Examples include delinquent mortgage payments (principal, interest, taxes and insurance), attorney’s fees, late fees
 and other customary fees etc.)




16.     Due Diligence in Cost Estimates (Maximum Points – 5)

In order to receive the maximum number of points, the applicant must attach cost estimates for
all applicable project components. No points will be awarded if cost estimates are “lump-sum”
or turnkey; these are not acceptable. Project components may include the following:



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                                DUE DILIGENCE IN COST ESTIMATES
                                                                                   Cost Per Unit    Total Project Cost
1. General Costs                  Attorneys/Legal Fees
                                  Accounting Fees
                                  Appraisal
                                  Closing Costs – Permanent Loan
                                  Insurance Premiums
                                  Property Taxes
                                  Taxes and Assessment Costs
                                  Title Insurance
                                  Other (explain/detail)
                                  Other (explain/detail)
                                  Other (explain/detail)
                                  Other (explain/detail)
                                                                     Sub-Total
2. Financial Costs                Loan Costs (interest, origination fee)
                                  Financing (misc.)
                                  Reserves required by lender
                                  Trustee fees and expenses, depositories, and
                                  agent’s fees for bonds
                                  Other (explain/detail)
                                  Other (explain/detail)
                                  Other (explain/detail)
                                  Other (detail/explain)
                                                                       Sub-Total
3. Administrative Costs           Administrative Fee (detail/explain)
                                  Other (detail/explain)
                                  Other (explain/detail)
                                  Other (explain/detail)
                                  Other (detail/explain)
                                                                       Sub-Total
                                                               Grand Total

                              DUE DILIGENCE IN FUNDING ESTIMATES
                                                                                   Funds Per Unit   Total Project Funds
4. Funding Sources                Financial Institution: ___________________
                                  HOPENOW
                                  FannieMae
                                  NeighborWorks America
                                  SHIP
                                  Other (explain/detail)
                                  Other (explain/detail)
                                  Other (explain/detail)
                                  Other (explain/detail)
                                                                Grand Total




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Any additional information relevant to the previous page:




17. Financial Resources in Place – Adequate Cash Available for Project to be Implemented
(Maximum Points – 5)
In order to be eligible to receive the maximum number of points, the applicant must document
that it has adequate cash available for the project to be implemented. There must be
documentation of all sources of funds such as a letter of commitment from funding sources or a
statement of intent to apply for specific sums from identified funding sources at specified times
and financial statements that illustrate adequate cash available.




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Bonus Points

18. Welfare Transition Participation (Maximum Points – 5)
In order to receive 3 bonus points for this item, an applicant must provide documentation that it
employs at least one full-time equivalent (35 to 40 hours) employee(s) that is a State of Florida
Welfare Transition program graduate. An applicant will receive 2 bonus points if it provides
documentation that it employs one part-time employee who is a graduate of the Welfare
Transition program. The part-time employee must work at least 20 hours per week.




19. Very Low and Low Income Benefit (Maximum Points – 8)
These points will only be given to those applicants who demonstrate that a proposed project will
exceed the SHIP guidelines of benefiting either a minimum of 30% very low and 30% low
income or a minimum of 60% very-low income households. While stating that there will be
outreach to very-low and low income households is desirable; outreach alone will not
demonstrate or guarantee benefit to very-low and low income households, so no bonus points
will be awarded for outreach.




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20. Low Income Benefit (Maximum Points – 6)
These points will only be given to those applicants who demonstrate that a proposed project will
benefit over 70% low-income households. While stating that there will be outreach to low
income households is desirable; outreach alone will not demonstrate or guarantee benefit to low
income households, so no bonus points will be awarded for outreach.




21. Assistance for Special Needs Populations (Maximum Points – 5)
These points will only be given to those applicants who demonstrate that a proposed project will
serve special needs populations. While stating that there will be outreach to special needs
populations is desirable, no bonus points will be awarded for outreach.

Eligible activities include the construction or rehabilitation of housing for persons who have
special housing needs. These include, but are not necessarily limited to, persons with
developmental disabilities, persons with mental illness/substance abuse, persons with AIDS and
HIV disease, runaway and abandoned youth, farm workers, the homeless, the elderly and persons
with disabilities.

                      Special Needs Units                 Points Available
                             100%                                5




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22. Innovative Approach (Maximum Points – 5)
Applicants will be awarded maximum points for an innovative approach to project design and
implementation. An innovative approach is defined as one that has not been used previously for
affordable housing in this area and could be a model for other agencies.




23. Health or Welfare Emergency (Maximum 25 points)
The intent is to award these points rarely. In order to obtain the points the applicant must
adequately describe the project and provide background information justifying the urgency of a
particular project in terms of health and welfare. Since there is a shortage of all kinds of
affordable housing, merely describing a particular housing crisis will not earn the applicant
points. To earn these points, the applicant must provide information about a health or welfare
situation that a particular project will rectify. The applicant must show that this is an unusual or
emergency situation, which is time sensitive and must describe the consequences of postponing
the funding.




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                    MEASURES AND POINTS FOR HOMEOWNERSHIP

                       MEASURES                                   Maximum Points Available
      Overall Capacity of the Organization, Including
      Management System, for Effective and Efficient                  Foreclosure Prevention
      Production as Well as Cost and Quality Control
                                               Staffing                         5
                                 Operations Procedures                          5
                                      Staff Experience                          5
                                     Board Experience                           5
                   Homeowner Counseling and Training                            5
                                    Section Sub-Total                          25

     Development Feasibility – Ability to Proceed in a
      Timely Fashion and Attain Clear, Achievable                     Foreclosure Prevention
                       Objectives
               Measurable Objectives are Clearly Stated                         5
       Project Readiness and Can Be Accomplished in a
                                        Timely Fashion                          5
                                    Section Sub-Total                          10

                     Financial Feasibility                            Foreclosure Prevention
                  Findings and Prior Contract Compliance                        5
                                              Audit Report                      5
            Project Budget to Include Sources and Uses of
                                                    Funds                      15
                         Due Diligence in Cost Estimates                        5
            Financial Resources in Place – Adequate Cash
                  Available for project to be Implemented                       5
                                       Section Sub-Total                       35

                                          Sub-Total Points                     70


                                      Bonus Points*
  * Bonus Points are not “summed up” because no one project can receive all bonus points as
                   some measures for bonus points are mutually exclusive.

                         MEASURES                                 Maximum Points Available
                         Bonus Points                              Foreclosure Prevention
                          Welfare Transition Participation                    5
                       Very Low and Low Income Benefit                        8
                                      Low Income Benefit                      6
                 Assistance for Special Needs Populations                     5
                                     Innovative Approach                      5
                            Health or Welfare Emergency                      25
                                       Section Sub-Total                      *

                       TOTAL POINTS                                             *

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bff1-74734b1bacdc.doc
                           Very Low and Low Income Benefit             8
                                          Low Income Benefit           6
                     Assistance for Special Needs Populations          5
                                         Innovative Approach           5
                                 Health or Welfare Emergency          25
                                           Section Sub-Total           *

                         TOTAL POINTS                                 *




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DOCUMENT INFO
Description: Not for Profit Foreclosure Prevention Assistance document sample