Application for Community Housing Development Organization (CHDO) Funding
The Unifour Consortium HOME Program has approximately $313,000 to be used by certified CHDO’s (Community Housing Development Organizations). The CHDO set-aside must be used for HOME eligible activities. Applications must be submitted by 4:00PM, Friday, October 26, 2018 in order to be eligible for funding.
A Community Housing Development Organization (CHDO) is a not-for-profit, community base service organization that has, or intends to retain, staff with the capacity to develop affordable housing for the community it serves. A CHDO acts as a Developer, Sponsor, and/or Owner of affordable housing. CHDO’s may apply for CHDO funds for the following activities:
New construction of housing for sale to first-time homebuyers CHDO’s may not use set-aside funds for the following activities:
Provision of tenant-based rental assistance
Rehabilitation of owner-occupied housing
Acquisition of housing for a first-time homebuyer program where no rehabilitation or construction is required.
Public service activities including social service programs are not eligible under the HOME program for funding.
For more information or assistance, please contact Rick Oxford at 828-485-4245.