About the Program
The choi game cau ca Investment Partnership program was established by the (HUD) in 1992 to provide funds to states and Participating Jurisdictions (PJs) such as Danville to fund activities that build, buy, and/or rehabilitate affordable housing for low-income people, often in partnership with local nonprofits.
The City of Danville receives approximately $500,000 in choi game cau ca funds each year. PJs must match every dollar of choi game cau ca funds used (except for administrative costs) with 25 cents from non-federal sources, which may include donated materials or labor, the value of donated property,choi game cau ca proceeds from bond financing, and other resources.
PJs must reserve at least 15% of their allocations to fund housing to be owned, developed, or sponsored by experienced, community-driven nonprofit groups designated as Community Housing Development Organizations.
choi game cau caFor more information on the choi game cau ca Program in Danville, contact the Housing and Development office at 434-799-5260.
