• HOME Facts
  • HUD Guidance

HOME FACTS Vol. 6, No. 1: CHDO Reservation and Expenditure Requirements

Date Published: April 2015

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Description

This issue of HOME FACTS describes significant changes regarding the community housing development organization (CHDO) reservation requirement and a new CHDO expenditure requirement promulgated by the July 24, 2013, HOME final rule (24 CFR Part 92) and explains how HUD will determine compliance with these requirements.  This guidance is only applicable to HOME grants from 1992-2014.  Further guidance will be issued for FY 2015 and future HOME grants.

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