Community Housing Development Organization
Federal HOME funds have a component called the Community Housing Development Organization, also known as the CHDO. 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 Set-Aside Requirement
- A CHDO is a private, nonprofit, community-based service organization that has obtained or intends to obtain staff with the capacity to develop affordable housing for the community it serves.
- PJs must set aside a minimum of 15 percent of their HOME allocations for housing development activities in which qualified CHDOs are the owners, developers and/or sponsors of the housing. PJs must have a reasonable expectation of specific projects going forward.
CHDO Qualifying Criteria
A CHDO is a specific type of private nonprofit entity. CHDOs must meet certain requirements pertaining to their:
- Legal status;
- Organizational structure; and
- Capacity and experience.
For more information about applying to be a Polk County CHDO, contact Nancy Hurley, housing compliance manager for the Polk County Housing and Neighborhood Development office at (863) 534-5244, or (863) 534-5240.
Request for applications (RFA) Program Year 2021-2022
Applications are now available for organizations seeking funds to provide affordable housing development under the Community Housing Development Organization (CHDO) portion of the HOME Investment Partnerships (HOME) Program federal grant.
The period for the expenditure of these funds if awarded is October 1, 2021 through September 30, 2022. This application is for single family new construction up to $260,000.
Applications are available from the Polk County Housing & Neighborhood Development Office. To request an application packet please call (863) 534-5244 or email Nancy Hurley at NancyHurley@polk-county.net.
Applications must be received at the Polk County Housing & Neighborhood Development Office, by email (attention, Nancy Hurley at NancyHurley@polk-county.net) no later than 4:00 p.m., on Friday, May 14, 2021. Late applications will not be accepted.