Code of Federal Regulations Title 24. Housing and Urban Development § 24.594.17 General criteria for competitive selection

(1) The degree of economic distress and the benefit to low- and moderate-income residents of the neighborhood;

(2) The past performance in carrying out eligible activities, and staff capability;

(3) The quality of the Management/Business Plan;

(4) The evidence of coordination and resident participation;  and

(5) The quality of the strategy to increase the capacity of the organization and the strategy developed for meeting long-term financial needs.