Community Housing Development Organization (CHDO)
At least fifteen percent of the HOME allocation must be reserved for projects owned, operated or sponsored by qualified Community Housing Development Organizations (CHDO). A CHDO is a nonprofit agency organized under state or local law whose governing board membership and organizational structure reflect accountability to low-income persons. The purposes of CHDOs must include a commitment to provide decent housing that is affordable to low-income persons and have a history of community service.
Formula Allocations ->
|