Laserfiche WebLink
7. Project proposes rehabilitation of existing <br /> housing, housing stock, and maximizes <br /> utilization of existing infrastructure: Points: <br /> 4 <br /> 8. Project proposes a location near existing <br /> jobs, transportation, recreation, retail services, <br /> social services, and schools: Points: <br /> 2 <br /> 9. Type of Housing Project: Points: <br /> 100% Owner Occupied 2 <br /> Investment Property 1 <br /> 10. Likelihood that the project will result in Points: <br /> unsubsidized, spin-off development. High 5 <br /> Moderate 3 <br /> Low 1 <br /> Sub -Total Points: of a possible 38 points. <br /> 11. Bonus Points Bonus Points: <br /> The project will be 100%Pay-asyougo TIF. 3 points <br /> The project contributes to the goals of Energy City. 2 points <br /> • Product promotes sensible use of energy,OR <br /> • Project utilizes significant energy efficient design&/or <br /> materials in construction. <br /> Total Points: <br /> Overall project analysis: High 38-30 points <br /> Moderate 29-22 points <br /> Low 21-13 points <br /> Not Eligible 12-0 points <br /> City of Elk River Tax Increment Financing Policy&Application p 0 W E R E 0 0 r <br /> Amended February 2014 <br /> Page 17 of 15 INAWRE <br />