HOME CHDO Operating Grant
The HOME CHDO Operating Grant from North Dakota Housing Finance Agency funds the core operational needs of CHDOs developing or managing affordable housing under the HOME program in North Dakota.
Funder: North Dakota Housing Finance Agency
Due Dates: Rolling (applications accepted prior to CHDO's fiscal year end)
Funding Amounts: Up to $50,000 per year per certified CHDO; 12-month grant term; funds subject to availability.
Summary: Provides operating support for certified Community Housing Development Organizations (CHDOs) in North Dakota developing or managing affordable housing under the HOME program.
Key Information: Applicants must be state-certified CHDOs with an active or anticipated HOME set-aside project within 24 months.
Description
The HOME CHDO Operating Grant, administered by the North Dakota Housing Finance Agency (NDHFA), offers operating expense grants to eligible, certified Community Housing Development Organizations (CHDOs) participating in the federally funded HOME Investment Partnerships Program. The grant is intended to strengthen the capacity of CHDOs to develop, own, sponsor, and manage affordable housing for low-income households across North Dakota by providing limited, non-project-specific support for general operating costs.
