Can for-profit organizations create CHDO's?
Yes, for-profits can sponsor CHDOs, but there are important limitations. The CHDO must be truly nonprofit and not controlled or directed by people desiring to profit from the CHDO's activities. Like the government prohibition, a for-profit may appoint no more than one-third of the board members of a CHDO, and those members cannot appoint the remainder of the board. Despite its for-profit "parent," the CHDO has to be free to contract with whomever it wants for goods and services. Note: a for-profit real estate builder, developer, or manager CANNOT sponsor a CHDO.

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1. What is a CHDO?
2. Are there requirements for community participation in CHDO's?
3. What kind of experience does a CHDO have to possess?
4. Can local governments create CHDOs?
5. Can for-profit organizations create CHDO's?
6. Why should a participating jurisdiction work with CHDOs?
7. Is the PJ limited to only 15 percent for CHDOs?
8. Is nonprofit participation limited to the CHDO set-aside?
9. What can CHDOs do with HOME funds?
10. Can CHDOs do things that other HOME program participants cannot?
11. Are there additional eligible program uses for HOME funds in CHDO projects?
12. Who will pay a CHDO for carrying out CHDO set-aside projects?
13. Are there other benefits available to CHDOs?
14. Are there non-HOME benefits from becoming a CHDO?