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IHCDA Partner Portal

IHCDA Partners > Program Administrators > Home Investment Partnerships Program (HOME) Home Investment Partnerships Program (HOME)

The purpose of the HOME program is to provide habitable and affordable housing for low and moderate income persons. IHCDA is tasked with using its portion of HOME funds to improve the quality of existing housing stock in Indiana. Please find a tentative timeline with important dates below. For questions please contact your regional Real Estate Production Analyst.

IHCDA is conducting a special HOME round in 2015 for Preservation of Affordable Housing developments. We will invite development proposals that focus on the rehabilitation of existing affordable housing rental developments. Applications will be evaluated based on their ability to meet IHCDA's goals and priorities. Additional details to be announced regarding selection criteria. Eligible developments are those meeting the HOME rental program requirements.

HOME Preservation of Affordable Housing Round (FY2014 Funds)

 January 23  HOME Preservation of Affordable Housing round application and policy posted on IHCDA website;     Application round begins
 February 11

 HOME application webinar for Preservation
 of Affordable Housing round (to be held in conjunction with HOME Homebuyer and the CHDO webinars)

 March 27  HOME Preservation of Affordable Housing round applications due
 May 28  HOME Preservation of Affordable Housing awards announced







 

HOME Homebuyer Round (FY2014 Funds)

 January 23  HOME Homebuyer round application and policy posted on IHCDA website; Application round begins
 February 11  HOME application webinar for Homebuyer round
 (to be held in conjunction with HOME Preservation of Affordable Housing and CHDO webinars)
 March 27  HOME Homebuyer round applications due
 May 28  HOME Homebuyer awards announced







 

HOME Round (FY2015 Funds) 

 February 13  HOME draft application forms and policy posted on IHCDA website for public comment
 March 6  HOME round final application and policy posted on IHCDA website; Application round begins
 April (Date and Time TBD)  HOME application webinar
 June 5  HOME applications due
 August 27  HOME awards announced







 

 

Application Policy and Forms

RED Notice 15-01: Production Department Tentative 2015 Application Dates
RED Notice 15-03: HOME Preservation of Affordable Housing and Homebuyer Rounds
FY2014 HOME Homebuyer Application 
FY2014 HOME Preservation of Affordable Housing Application 
FY2014 HOME Homebuyer Application Policy Package 
FY2014 HOME Preservation of Affordable Housing Policy

FY2014 HOME Preservation of Affordable Housing and HOME Homebuyer Appendices

HOME Round (FY2015) Funds

FY2015 Home Homebuyer Application Policy 
FY2015 Home Homebuyer Application Forms 

FY2015 Home Rental Application Policy 
FY2015 Home Rental Application Forms 

FY2015 HOME Homebuyer and Rental Application Appendices

Compliance Manual and Forms

Click here to access the HOME Manual and Forms

Click here to access IHCDA Online Compliance Reporting

Reference Materials

HOME Application Training - Special Rounds Presentation

2015 HOME CHDO Certification Training Presentation

Click here to access Brochures

Click here to access RED Notices

Click here to access Utility Allowances

2015 HOME Homebuyer Threshold & Scoring Checklist
2015 HOME Preservation of Affordable Housing Threshold & Scoring Checklist

HOME Applicant Self-Assessment
HOME Match Spreadsheet Instructions
HOME Match Spreadsheet

Home Investment Partnerships Program (HOME) - Building HOME Guide

Making Davis Bacon Work - Guide to Labor Standards and the Davis Bacon Act

FAQ - What is HOME Rental Housing?

Tenant's Guide to HOME Rental Housing


2013 Closeout Monitoring Report

2013 Ongoing Rental Monitoring Report

2013 Asset Management Report

Upcoming Trainings and Events

IHCDA HOME & CDBG Training Certification

HOME Application Training

Community Housing Development Organizations (CHDOs)

HOME CHDO Certification Application

 February 2  CHDO application posted to IHCDA website
 February 11

 CHDO application webinar (to be held in conjunction with HOME Preservation
  of Affordable Housing and HOME Homebuyer webinars)

 April 1  CHDO Certification Applications due 
 May 26  CHDO Certification Letters sent out

 

 

 


Background/What is a CHDO?
A Community Housing Development Organization (CHDO) is an entity that has met specific requirements per the regulations that govern the HOME Investment Partnerships Program (HOME).

Under the HOME Final Rule (24 CFR Part 92), IHCDA must reserve no less than 15% of its HOME allocations for investment in housing to be owned, developed, or sponsored by CHDOs.

Unless otherwise announced, IHCDA will accept applications for CHDO funds only from IHCDA-certified CHDOs for activities that are located outside of participating jurisdictions (i.e., communities that receive HOME funding directly from HUD). The only exception to this would be any activity that is specifically referenced for use of HOME funds within the most current Indiana Consolidated Plan.

Any not-for-profit organization receiving IHCDA HOME-CHDO funding must be certified by IHCDA. For additional information on CHDO, please review the following:

PY 2014 IHCDA CHDO Listing 

How to Become a CHDO

Additional HUD Guidance

How to apply?
Applications Due:  Wednesday, April 1, 2015

2015 CHDO Certification Documents

2015 CHDO Certification Application Workbook - Updated 3.10.15
CHDO Block Group Data

Benefits of Being a CHDO
Any not for profit organization that has 501©3 status from the IRS is eligible to apply for HOME funds for a variety of housing activities. CHDOs, through the Strategic Investment Process, have the benefit of also applying for:
1. CHDO Operating Grants
2. Site-specific Predevelopment and/or Seed Money Loans for subsequent HOME-CHDO projects
3. IHCDA-approved CHDOs seeking funding must apply through IHCDA's HOME Application Round

NOTE– only homebuyer or rental housing where the CHDO acts as the owner, developer, or sponsor) qualify as HOME-CHDO projects. These projects can be new construction or rehabilitation.

Maintaining CHDO Status

IHCDA-certified CHDOs will need to verify compliance with the regulations to maintain CHDO status on an annual basis. This process occurs annually with applications due in April. Each CHDO must be certified each year. If you cannot meet the application deadline, you may submit a waiver request to your regional Real Estate Production Analyst.  You must receive a certification approval letter prior to the time you submit a HOME application if you wish to be considered a CHDO in the upcoming HOME Application Round. 

Contacts

For more information about the HOME Program, please contact Carmen Lethig, Real Estate Production Manager at 317.234.6290, or your Real Estate Production Analyst.

Real Estate Production Analyst Regional Map

Real Estate Production Analyst Listing by County