HOME Investment Partnerships Program CHDO Year 53 (2027-2028) Request for Proposals

Scope

The HOME Investment Partnership Program was created under Title II of the National Affordable Housing Act of 1990. The general purposes of HOME are expanding the supply of decent and affordable housing, strengthening the abilities of State and local governments to design and implement strategies for achieving adequate supplies of decent affordable housing, providing financial and technical assistance to participating jurisdictions, and extending and strengthening partnerships among all levels of government and the private sector, including for profit and nonprofit organizations, in the production and operation of affordable housing. The City of Syracuse has been a participant in the HOME Investment Partnership Program since its inception . Through this program, activities have been undertaken to enhance ongoing neighborhood revitalization efforts. As part of the HOME program, a minimum of 15% must be allocated for housing development activities in which qualified Community Housing Development Organizations (CHDOs) are the owners, developers and/or sponsors of the housing . A CHDO is a specific type of private non-profit entity that meets certain requirements pertaining to their legal status, organization structure, and capacity and experience. The City of Syracuse is required to certify/recertify CHDOs on an annual basis. * *Please contact NBD Neighborhood Grants staff to discuss requirements prior to submitting an application that includes a request for CHDO operating funds. * * * *Please note the HOME regulations require the CHDO to have an eligible project using CHDO reserve funds for the development of housing within 24 months of receiving said CHDO operating funds. Agencies applying for CHDO Operating funds will be required to provide a detailed description of the...