Community Housing Development Organization (CHDO) Certification and Operating Expense Assistance (OEA) Program
This grant funds operating expenses for certified nonprofit housing organizations in Alaska to support the development and rehabilitation of affordable housing for low-income residents.
Funder: Alaska Housing Finance Corporation
Due Dates (Anticipated): March 2027 (application/full submission deadline, projected)
Funding Amounts: Direct funding for certified CHDOs to cover operating expenses; award size varies by applicant and program allocation.
Summary: Provides operating expense funding to certified nonprofit housing organizations developing affordable housing for low-income Alaskans.
Key Information: Applicants must be certified as a CHDO by AHFC prior to applying for assistance.
Description
The Community Housing Development Organization (CHDO) Certification and Operating Expense Assistance (OEA) Program is administered by the Alaska Housing Finance Corporation (AHFC) as part of the federal HOME Investment Partnerships Program. This program is designed to support nonprofit organizations that are certified as CHDOs by AHFC by providing direct funding to help cover their operating expenses. The goal is to ensure that CHDOs have the necessary operational resources to participate in the development, acquisition, or rehabilitation of affordable housing for low-income households in Alaska. Funding is intended to strengthen the capacity of CHDOs so they can effectively deliver affordable housing projects in alignment with federal HOME program objectives.
