(a) The Wyoming Business Council is required to spend at least 70 percent of its funds for low-moderate income projects. Only projects that can show that at least 51 percent of the individuals benefiting from the project belong to low-moderate households, can be considered as low-moderate income projects. Conversely, none of the funds in a project that has 50 percent or less direct beneficiaries from low to moderate income households would count toward the state total. The only exception is direct benefit projects such as homeownership assistance that count only the actual amount given to low-moderate households.
(b) In an effort to maximize the primary objectives of the program, all applications will be judged against one another, within project category, regardless of which of the objectives in Chapter 1, Section 3 are chosen. Additionally, applications will be ranked together regardless of type of jurisdiction (city, town or county) or size.
(c) The staff of the Wyoming Business Council will be responsible for the ranking process and subsequent recommendations to the Wyoming Business Council. The Wyoming Business Council will make the final funding determination.
(d) The three components that will be scored and ranked include: 200 total
(e) Seriousness: Up to 100 points based on description of the need, how the needs were identified, what alternative solutions were explored and an explanation of who the beneficiaries are.
(f) Urgency-Up to 50 points. This is based on the applicant's ability to verify the immediate need to remedy their problem including concurrence from appropriate sources.
(g) Integrated Efforts - Up to 50 points.
085-3 Wyo. Code R. § 3-7