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A
certified CHDO must serve as the developer, sponsor, or owner of
a HOME-eligible project when using funds from the 15 percent CHDO
set-aside. A CHDO may serve in one of these roles for several projects
or it may undertake projects in which it combines roles, such as
being both an owner and developer.
A CHDO may also be a subrecipient
under a PJs HOME Program. However, subrecipient activities do
not count towards the 15 percent CHDO set-aside.
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