About the CHIP Program
Program Overview
The purpose of the Community HOME Investment Program (CHIP) is to provide safe, decent, and affordable housing in Georgia. Funds are granted to city and county governments, public housing authorities, and nonprofits to rehabilitate owner-occupied homes and build and renovate affordable single-family homes for sale to eligible homebuyers. 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.
Eligible Applicants
- Local Governments
- Nonprofits with 501(c)3/(c)4 designation
- Public Housing Authorities
- Current grantees with less than 50% in unspent CHIP funds
Activities and Funding Amounts
- Housing Rehabilitation of Owner- Occupied Homes: Up to $400,000
- New Construction and/or Rehabilitation of Homes for Sale to Eligible Homebuyers: Up to $600,000