Title 36, Chapter 82, Section 196
( 36-82-196)
When the department is required to apply the policy guidelines it
may consider such factors, known as evaluation factors, in deciding
which applications should receive a notice of allocation. The
evaluation factors to be considered shall include, but are not
limited to, the number of permanent jobs created or retained; the
commitment of the borrower to hire individuals eligible for training
under the Job Training Partnership Act or its successor program; the
unemployment rate of the territorial area of the issuer compared to
the state as a whole; the ratio of private investment to bond
financing; evidence of HoDAG or UDAG approval; the amount of benefit
to low-income to moderate-income individuals; the cost per qualified
residential rental unit; the housing vacancy rate of the territory
of the issuer compared to the state as a whole, as determined by the
department; and the degree to which the combination of income and
price limits serve to target the single-family housing bonds to
low-income to moderate-income households. |