Step 2 - Overall Feasibility Based on General Project Information

Upon determining that your project meets the basic eligibility requirements outlined in Part I, LADF will assign priority to projects based on the following selection criteria:

Development Team Capacity
- Developer and Operator Track Record
Targeted Project Type
- Real estate projects in low income communities
- Commercial, mixed-use, industrial, community facilities
Size of Allocation
- Min. $5 million; Max. $15 million
- Governing Board may approve allocation amounts above $15 million
Project Feasibility
- Realistic development budget and operating assumptions
- Leverage lender has been identified
Project Readiness
- Entitlements in place
- Site control
- Working drawings complete
- Funding commitment
Community and Economic Impact
- Job and Wealth Creation
- Community and Economic Benefits
- Environmentally Sustainable Outcomes