HOME Program
CHDO
HOME Investment Partnership Program and Community Housing Development Organizations(CHDOs)
A Community Housing Development Organization (CHDO) is a community -based, nonprofit organization that has, or has a plan to obtain, the capacity to develop affordable housing for the area it serves. IHFA is required to set aside a minimum of 15% of its annual HOME allocation for housing development activities which involve certified CHDOs.
A Certified CHDO must meet all requirements pertaining to legal status, organizational and board structure, By-Laws, staff experience and capacity. CHDO Certification is conducted annually.
Idaho’s 2008 Certified CHDOs
Community Housing Development Organization (CHDO) Forms:
2008 IHFA HOME Administrative Plan
Chapter 5 of the IHFA HOME Administrative Plan includes the following information:
- CHDO eligibility requirements
- CHDO Board Requirements
- Use of HOME funds by CHDOs
- Definition of CHDO owner, developer, sponsor
- Special Assistance to CHDOs
- CHDO Predevelopment Loans
- CHDO Operating Assistance Grant
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