The HOME Investment Partnerships Program (HOME) administered for the State of Alabama by AHFA is required by 24 CFR Subtitle A, Subpart G, 92.300 to reserve a minimum of 15% of the annual HOME Allocation for Community Housing Development Organization (CHDO) projects.
The Set-Aside may only be reserved for all the following:
AHFA 2020 CHDO Application Package
The 2020 CHDO Application is available on AHFA’s website at the following link: http://www.ahfa.com/multifamily/multifamily-programs/home-housing-credits/chdos.
To be considered for the CHDO Set-Aside in the 2020 Competitive Application Cycle, organizations must submit an AHFA 2020 CHDO Application to AHFA by 5 p.m. on Monday, December 2, 2019.
AHFA anticipates notifying applicants of its determination of CHDO eligibility from AHFA two weeks prior to the Application Date for the 2020 Competitive Application Cycle.
Questions regarding the CHDO Application should be sent to [email protected].