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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 PJ's HOME Program. However, subrecipient activities do not count towards the 15 percent CHDO set-aside.
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