through a Notice of Funding Availability (NOFA) announced in the Federal Register December 21, 1999. The NOFA application period is 60 days from the date of the announcement. The NOFA deadline is February 22, 2000. Award Procedure: Application will be scored on the following factors (scoring factors are the same as for FY 1999): (1) The presence and extent of leveraged assistance for the units that will serve RHS income-eligible tenants at basic rents comparable to those if RHS provided full financing, computed as a percentage of the RHS total development cost. (0 to 20 points); (2) The units to be developed are in a colonial, tribal land, EZ,EC, or REAP community, or in a place identified in the State Consolidated Plan or State Needs Assessment as a high need community for multifamily housing. ("State" refers to the State Government.) (20 points); and (3) In states where RHS has an on- going formal working relationship, agreement or Memorandum of Understanding (MOU) with the State to provide State resources (State funds, State RA, HOME funds, CDBG funds, or Low-Income Housing Tax Credits) for RHS proposals; or where the State provides preference or points to RHS proposals in awarding such State resources, points will be provided to loan requests that include such State resources. (This is the National office initiative and is the same as that used in FY 1999.) (20 points). Deadlines: February 22, 2000.
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