2020年9月16日 · provides guidance on how a HOME PJ should set up, fund, and complete CHDO project-specific loan activities in IDIS for technical assistance and site control or project-specific seed money loans.

At least 15 percent of 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). This chapter details the set-aside requirement, the qualifications of a CHDO and the types of assistance PJs may provide CHDOs.

The 15 percent CHDO set aside is Congress's explicit effort to direct HOME program funds into the hands of nonprofit developers. What is a CHDO? To qualify for certification as a CHDO, the organization must demonstrate that they meet the definition of a CHDO from the HOME Final Rule at 24 CFR 92.2, which includes the following key requirements:

The Texas Department of Housing and Community Affairs (“the Department”) announces the availability of approximately $13,000,000 in federal funding from the HOME Investment Partnership Program (HOME) for Community Housing Development Organizations (CHDOs) to develop affordable housing for low-income Texans.

Funding has been provided through the HUD Community Development Technical Assistance (CDTA) program. The guide is a deliberate attempt to offer advice to PJs beyond HUD rules and guidance. It is not a comprehensive guide to CHDO requirements.

A CHDO is a "developer" when it (1) either owns a property and develops a project, or has a contractual obligation to a property owner to develop a project; and (2) performs all

When HUD Monitors the Eligibility of a CHDO, Which Documents Will They Review? True or False? A CHDO can develop homebuyer housing without owning the property. How are you utilizing CHDOs? Is the mix of homebuyer and rental appropriate to CHDO capacity? Are CHDOs growing and doing a broader set of activities? Do they need to expand or redirect?

Community Housing Development Organizations (CHDOs) are developers who complete new projects using funding from the federally funded HOME program. In comparison to other contractors, CHDOs are community-based and design homes with the interest of pre-determined homeowners in mind.

At least 15 percent of 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). This chapter details the set-aside requirement, the qualifications of a CHDO and the types of assistance PJs may provide CHDOs.

CHDOs must maintain their eligibility as a CHDO for the term of the operating expense contract and any set-aside project contract. Two checklists are provided as attachments: • CHDO Requirements Checklist – for determining if the organization meets the regulatory definition to be considered a CHDO; and