Community housing development organization definition
Community housing development organization or "organization" means an organization that:
Community housing development organization means a private nonprofit community-based organization with the capacity to develop affordable housing for the target population.
Community housing development organization means a nonprofit organi- zation that has among its purposes the provision of affordable housing for low- income families and moderate-income families, maintains accountability to low- income community residents, has demonstrated the capacity to carry out affordable housing activities, and has a history of serving the local community.
More Definitions of Community housing development organization
Community housing development organization means a private nonprofit 1888 community-based organization with the capacity to develop affordable housing for the target 1889 population. 1890 (3) “Extremely low-income” means having a household income equal to 30% or 1891 less of the area median income. 1892 (4) “Housing production” means the construction, rehabilitation, or preservation 1893 of decent, safe, and affordable housing. 1894 (5) “Low-income” means having a household income that is less than 60% of the 1895 area median income. 1896 (6) “On-site services” means services, provided in connection with housing, 1897 designed primarily to help tenants maintain housing, including coordination or case 1898 management, physical and mental health support, substance use management and recovery 1899 support, job training, literacy and education, youth and children’s programs, and money 1900 management. 1901 (7) Project-based assistance” means funds allocated to a particular Community 1902 Housing Development Organization to subsidize rent and social services in units owned and 1903 operated by the Community Housing Development Organization for a maximum number of 1904 households as established by contract.
Community housing development organization. (CHDO) means an organization that is organized pursuant to HUD Notice CPD 97 11, which is adopted and incorporated herein by reference.
Community housing development organization means a nonprofit
Community housing development organization or "CHDO" shall mean a private non-profit organization that satisfies the definition contained in 24 CFR Part 92 of the HOME Regulations.