The Community HOME Investment Program (CHIP) is a Georgia Department of Community Affairs program that grants HOME funds to local governments, nonprofits, and public housing authorities during an annual competitive grant application process.
Donor Name: Georgia Department of Community Affairs
State: Georgia
County: All Counties
Type of Grant: Grant
Deadline: 01/31/2025
Size of the Grant: $500,000 to $1 million
Details:
CHIP funds can be used to develop single family homes for sale to eligible homebuyers and to provide owner-occupied housing rehabilitation.
CHIP is funded by the Department of Housing and Urban Development (HUD) HOME Investment Partnership Program funds. Funding is prioritized for communities with solid housing redevelopment plans. The CHIP application is released in September and due in January. For rehabilitation grants, studies illustrating current housing conditions are required. For grants to provide homes to homebuyers, market analyses justifying the need for affordable single-family homes and ability to sell to income-eligible homebuyers are required.
Funding Information
- Housing Rehabilitation of OwnerOccupied Homes: Up to $400,000
- New Construction and/or Rehabilitation of Homes for Sale to Eligible Homebuyers: Up to $600,000.
Eligibility Criteria
- Local Governments
- Nonprofits with 501(c)3/(c)4 designation
- Public Housing Authorities
- Current grantees with less than 50% in unspent CHIP funds.
For more information, visit Georgia Department of Community Affairs.
