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Urbana commission certifies Habitat for Humanity as CHDO and advances $197,500 HOME funding for five houses
Summary
The Urbana Community Development Commission voted unanimously to certify Habitat for Humanity as a CHDO and to authorize a HOME funding agreement that would provide $197,500 for development of five affordable homes and $30,000 in CHDO operating funds; both items will go to City Council for final approval.
The Urbana Community Development Commission voted to certify Habitat for Humanity as a Community Housing Development Organization and to authorize a HOME funding agreement that would allocate $197,500 in development funds to five Habitat homeownership projects and $30,000 for operating support.
Staff described the two related resolutions as a pair: one to certify Habitat as a CHDO for the Urbana-led HOME Consortium and one to authorize the funding agreement. Staff said the HOME funds are a set-aside in the consortium's annual allocation and that the consortium comprises the City of Urbana, the City of Champaign and unincorporated Champaign County. Staff told…
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