FOR IMMEDIATE RELEASE
DCA announces 12 CHIP grants totaling $4.25 million
The Community HOME Investment Program (CHIP) funds rehabilitation and new construction of single family homes
Atlanta, GA (February 10, 2017) – The Georgia Department of Community Affairs (DCA) has awarded $4.25 million in grants to 12 community entities around the state to build new single family homes and help homeowners rehabilitate their homes. Grant amounts range from $281,006 to $612,000. The awards were made through the 2017 Community HOME Investment Program (CHIP).
CHIP provides funds to help local governments, nonprofit organizations and public housing authorities provide affordable housing in their communities. Funds may be used to assist low and moderate income homeowners with rehabilitation needs or to build new single family homes to sell to low and moderate income homebuyers. The goal of the program is to expand the supply of, and access to, safe and affordable housing in Georgia’s communities.
“CHIP is a tool that helps us work with communities to increase the supply of safe and affordable housing,” said DCA Commissioner Camila Knowles. “In addition to financing new construction, CHIP grants can be used to help with needed home repairs for folks who may not have the resources to get the job done, allowing them to continue to live safely in their homes.”
For instance, CHIP funds may be used to make HVAC upgrades, install a new roof, repair foundation issues, upgrade plumbing and electrical work, remove lead-based paint, or any repairs needed to make a home safe and secure.
The 2017 CHIP grants were awarded to:
CHIP uses a portion of DCA's HOME Investment Partnership Program funds. The HOME program, created by the National Affordable Housing Act of 1990, provides funds to state and local governments to support affordable housing initiatives. The Georgia Housing and Finance Authority (GHFA) is the designated Participating Jurisdiction and recipient of Georgia's allocation of funds from the federal HOME program. GHFA contracts with the Georgia Department of Community Affairs (DCA) to administer the programs funded by this HOME allocation. Eligible communities for the CHIP grants are those outside of a HUD-designated Participating Jurisdiction as defined by the HOME Program.
MaryBrown Sandys, Director of Marketing & Communications
Georgia Department of Community Affairs
About the Georgia Department of Community Affairs:
The Georgia Department of Community Affairs (DCA) partners with communities to create a climate of success for Georgia’s families and businesses through community and economic development, local government assistance, and safe and affordable housing. Using state and federal resources, DCA helps communities spur private job creation, implement planning, develop downtowns, generate affordable housing solutions, and promote volunteerism. DCA also helps qualified low- and moderate-income Georgians buy homes, rent housing, and prevent foreclosure and homelessness. For more information, visit www.dca.ga.gov.