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CDBG-c-4 <br />PROJ'ECTIMPACT <br />Ill. E N -LOANS QNLY - INVESTMENT RATIO AT JOB CREATION LOCATION: <br />Calculate the ratio of CDBG loan funds requested by each borrowing Participating Party to all other <br />private funds to be spent at that Parilcipating Party's Job creation location after the date of the site visit and prior <br />to submission of the administrative closeout. Only funds reflected on Form C9BG-E4(I)(A) may be counted <br />here. This calculation must be done only if any portion of the requested CDBG funds are for a loan of <br />direct assistance to private for-profit entities, private non-profit entities, neighborhood based organizations, local <br />development corporations, or other not for profit organizations. If CDBG funds being loaned to any Participating <br />Party constitute more than 50°% of the total funds to be spent by the Participating Party at that Participating <br />Party's job creation location, a 251 point reduction will be assessed in the project impact score, <br />A. CD$G Funds Requested for a CDBG loan to a Participating <br />Party (less CDBG Administration Request) $ 0 <br />B. Total private funds to be spent at the job creation location <br />by a Participating Party, the local government, or others: $x,509_0¢0 <br />C, Private Investment Ratio [III(B) + III (A)] Carried to <br />four decimal places = 2.17 <br />If Ill (C) is .9999 or less score reduction = -251 points 0 <br />251 Points <br />If III(C) is 1,0 or greater, score reduction 3 zero points 0 <br />0 Points <br />TE: If there is more than one Participating Party subject to this section, a separate <br />calculation must be done for each Participating Party. <br />IV. OTHER COMMUNITY DEVELOPMENT ACTIVITIES <br />Points available below relale to the 'individual' local government or the "lead" local government in a joint <br />application. Documentation should be included to justify the points claimed. <br />A. ECONOMIC DEVELOPMENT ELEMENT TO THE LOCAL GOVERNMENT COMPREHENSIVE <br />P IAN <br />OR <br />Has the local government adopted an "Economic Development Element` to its <br />Comprehensive Plan in conformance with Chapter 163, Florida Statutes? <br />Yes x (20 points) No (0 points) <br />Will the local government agree to adopt an 'Economic Oevelopmenl Element" to its <br />Comprehensive Plan in conformance with Chapter 163, Florida Statutes, within 12 <br />months of the Department's execution of a CDBG award agreement? (This is a non - <br />amendable option and the Department will withhold funding should adoption be delayed <br />beyond 12 months.) <br />Yes— (20 points) <br />Na_ (0 points) <br />18 <br />score <br />20 POINTS MAXIMUM <br />