The Department of Planning and Development also manages affordable housing programs in suburban and unincorporated Cook County.

HOME Program

Cook County currently utilizes HOME funds to support the following eligible activities:

Housing Development Loans

  • Single or Multifamily
  • Ownership or Rental
  • Acquisition, Rehabilitation and/or New Construction

Certified Community Housing Development Organization (CHDO) Grants/Loans

  • Operating Grants
  • Pre-Development Loans
  • Set-Aside Project Loans

A CHDO is a private, nonprofit organization that meets a series of qualifications prescribed in the HOME regulations. Cook County must use a minimum of 15 percent of its annual allocation for housing owned, developed or sponsored by CHDO’s Cook County evaluates organizations’ qualifications and certifies them as CHDOs. Recertification is required. In accordance with program requirements, all HOME activities must benefit low-income households whose income does not exceed 80% of the area median income (AMI). Annual income restrictions apply to rental housing projects with 5 or more HOME-assisted units. A minimum of 25 percent in eligible non-Federal matching resouces is required per project. Contingent upon project type and amount of HOME assistance, long-term affordability periods and monitor requirements may apply.