![]() |
|||||||||
![]() |
|||||||||
![]() |
CHDO Operating Assistance Program (COAP) Program Description | Downloads & Related Links | Contact Information Program DescriptionThe Georgia Department of Community Affairs (DCA) has set aside a portion of its HOME allocation to provide operating assistance to Community Housing Development Organizations (CHDOs). The total amount reserved for this State Fiscal Year is $190,000. As part of the application process, a CHDO must complete the Capacity Assessment Tool (CAT) to identify required improvement areas for the CHDO to support a sustainable organization capable of future housing development activities. Up to $40,000 in COAP funds may be used for eligible operating expenses supported by the conclusions and evaluations of the CAT. To participate in this program, the organization must be certified by the State as a CHDO. In addition, the CHDO must have closed a DCA HOME loan that has not yet converted to a permanent loan or been awarded a Single Family Development Program funded project and sold at least 75% of the units. Applications will be accepted on a first come, first served basis until all the funds are committed or DCA suspends acceptance of future applications. Copies of the program description, Application and CAT are available below. DCA reserves the right not to select any entities for the COAP at its sole and absolute discretion. Downloads & Related LinksSFY 2011 COAP Notice of Funding Availability (PDF) Contact InformationAll general questions regarding the COAP or the Application process may be addressed to the Non-profit Housing Office. Georgia Department of Community Affairs Phone: (404) 679-0660 |
||||||||
Copyright © 2004-2013 The Georgia Department of Community
Affairs. All Rights Reserved. |