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DEPARTMENT OF COMMUNITY DEVELOPMENT SERVICESGrants Management Division memorandum TO:Community Development Commissioner:Michael Lichen, Grants Coordinator IDATE:July 15, 2003SUBJECT:CDO Operating
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Gather all necessary financial information and documentation related to CHDO operating funds.
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Identify the specific budget categories for the CHDO operating funds.
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Allocate funds to each budget category based on the organization's needs and priorities.
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Monitor the spending and track the expenses to ensure they align with the budget allocations.
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Who needs chdo operating funds?

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Non-profit organizations that are certified as Community Housing Development Organizations (CHDOs) are the ones who need CHDO operating funds.
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C.H.D.O. stands for Community Housing Development Organization. Chdo operating funds are used to support the day-to-day operations and activities of these organizations dedicated to providing affordable housing.
C.H.D.Os are required to file chdo operating funds as part of their annual reporting requirements.
C.H.D.Os must fill out the chdo operating funds form provided by the appropriate housing agency and submit all required financial information.
The purpose of chdo operating funds is to provide financial support for C.H.D.Os to continue their mission of creating and maintaining affordable housing.
C.H.D.Os must report their operating expenses, funding sources, and any other financial information requested on the chdo operating funds form.
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