Definitions for "CHDO"
Community Housing Development Organization. A community-based nonprofit organization certified by a participating jurisdiction (in rural areas, usually the state) as meeting requirements specified in the HOME regulations. CHDOs are eligible for some set-aside funding under the HOME program.
Community Housing Development Organization. A private nonprofit organization with a 501(c) federal tax exemption, a CHDO must also include providing decent, affordable housing to low-income households as its purpose in its charter, articles of incorporation, or by-laws. It must serve a specific, delineated geographic area; a neighborhood, several neighborhoods, or the entire community. Merely serving certain population groups (by ethnicity, race, age, or gender) does not qualify.
Community Home Development Organization