Create LIHTC Preference for CHODOs

 Mark Schwartz & Dina Schlossberg worked with DCED to secure change to the QAP to provide a preference for Community Housing Development Organizations (CHODOs). The state receives money that it has to allocate to CHODOs, but had not had enough applicants to the program. The result was that money was being left on the table. RHLS’s suggested to PHFA that it add a preference for CHODOs to the QAP on the theory that it would result in more applications to DCED for the CHODO funds. Preliminary results show a doubling of applications. This work is complete.