- HOME CHDO - HUD Exchange
At least 15 percent of HOME Investment Partnerships Program (HOME) funds must be set aside for specific activities to be undertaken by a special type of nonprofit called a Community Housing Development Organization (CHDO) A CHDO is a private nonprofit, community-based organization that has staff with the capacity to develop affordable housing for the community it serves In order to qualify
- HOME Investment Partnerships Program - HUD Exchange
HOME provides grants to state and local governments to create affordable housing for low-income households
- Chapter 14: CHDO Loan Activities - HOME IDIS Training Manual for PJs
CHDO LOAN ACTIVITIES In this chapter, you will learn how to set up, fund, draw funds for, and complete a HOME activity that is initially funded with a CHDO loan Instructions are provided on the following pages for CHDO loan activities that go forward to produce affordable housing as well as those that do not
- HOME FACTS - HUD Exchange
HOME FACTS is the Office of Affordable Housing Programs' Official Financial and Information Services Division newsletter for the HOME Investment Partnerships Program Each HOME FACTS will address a topic related to HOME finance, such as HOME grants, deadline compliance, and repayments, or HOME computer systems processed in the Integrated Disbursement and Information System (IDIS) To view a
- What types of activities qualify to use CHDO set-aside funds?
CHDO set-aside finds may be used for projects that are owned, developed, or sponsored by a nonprofit that qualifies as a CHDO as defined at 24 CFR §92 2 Previously, these roles were limited to development activities—that is, projects that involved acquisition, rehabilitation, and or new construction of housing for sale or rent to low-income families However, the 2013 HOME Final Rule
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