Deadline: 9/01/2020
Amount: Unspecified
The purpose of this program is to create housing opportunities for Coloradans who face the greatest challenges to accessing affordable, safe, and secure homes by providing funding to support community housing development organizations (CHDOs) for pre-development, capacity building, administration, and operating activities that increase the supply of affordable housing. Applicants must have received a state HOME set-aside eligible contract or award that has not expired by the date of the application, or will submit a funding application for a CHDO set-aside eligible project within 18 months of execution of the award contract for this program.
Eligible costs include:
  1. Project activities, such as down payment assistance loans, first mortgages, closing costs, and homebuyer counseling
  2. Salaries, wages, benefits, and other compensation
  3. Training and travel
  4. Operating expenses, such as rent and utilities
  5. Equipment and materials
  6. Taxes and insurance
  7. Communication costs
  8. Audit and legal costs