Revised Version 8/22/03
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STATE OF ALASKA
ALASKA HOUSING FINANCE CORPORATION
GOAL PROGRAM
(Greater Opportunities for Affordable Living Program)
RATING AND AWARD CRITERIA PLAN
(Qualified Allocation Plan)
2004
LOW-INCOME HOUSING TAX CREDIT PROGRAM (LIHTC)
HOME INVESTMENT PARTNERSHIPS PROGRAM (HOME)
SENIOR CITIZENS HOUSING DEVELOPMENT FUND (SCHDF)
Revised August 22, 2003
Alaska Housing Finance Corporation
4300 Boniface
Anchorage, Alaska 99504
(907) 330-8277
Revised Version 8/22/03
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TABLE OF CONTENTS
I. PURPOSE.............................................................................................................................. 4
II.
FEDERAL CONSIDERATIONS .................................................................................... 7
III.
STATE OF ALASKA PRIORITIES ................................................................................ 8
IV.
SETASIDES....................................................................................................................... 8
• USDA Rural Development Section 515 Projects: ....................................................................8
•
Tax-Exempt Organizations:....................................................................................................9
• Other Purposes: ....................................................................................................................9
V. APPLICATION EVALUATION REVIEW PROCESS...................................................... 9
Evaluation of Financial Feasibility................................................................................................11
VI.
INITIAL THRESHOLD EVALUATION REQUIREMENTS..................................... 11
VII. APPLICATION AWARD PROCESS ............................................................................ 12
VIII.
APPLICATION RATING AND RANKING CRITERIA ......................................... 12
A (1).
Project Serves The Lowest I