A CHDO may obtain funding from a PJ in several different ways. CHDOs may:
- Serve as owners, developers, and
sponsors of projects undertaken with funds from a PJ's required 15 percent set-aside for CHDOs.
- Receive special assistance, such as predevelopment loans, technical assistance or operating funds, from a PJ that is not available to other types of organizations.
- Perform certain services as contractors to PJs.
- Contract with PJs in the same ways as other nonprofit subrecipients.
This topic first explains the 15 percent set-aside for CHDOs, then discusses the issue of "set-aside recapture." In addition, this topic provides an in-depth discussion of the various CHDO roles when undertaking HOME-eligible activities with the set-aside funds under the HOME Program.