Specifications include, but are not limited to: from eligible Community Housing Development Organizations (CHDO) for funding consideration under the HOME Investment Partnerships Program. The HOME program is authorized by Title II of the Cranston-Gonzalez National Affordable Housing Act, as amended, 42 U.S.C. 12701, et seq, and applicable regulations at Volume 24 of the Code of Federal Regulations (24 CFR, Part 92). The HOME program is designed to provide eligible state and local governments w ith the resources and incentives to strengthen public-private partnerships, and to expand the supply of decent, safe, sanitary, and affordable housing. In addition to the general requirements for affordable housing development, the HOME program requires participating jurisdictions (PJs) to set-aside at least 15 percent of their HOME funds for housing that is developed, ow ned, or sponsored by Community Housing Development Organizations (CHDOs). A CHDO is a certified private, nonprofit, community-based service organization that has staff capacity to develop affordable and decent housing for low - income people meeting the HUD regulations at 24 CFR 92 Section 92.2. A CHDO is the only entity eligible for the HOME set-aside funds. Additionally, the CHDO must be the ow ner, developer and/or sponsor. The requirements for CHDO Set-Aside funds are set forth in 24 CFR Part 92.300. This RFP seeks to advance the follow ing goals: Provide affordable rental housing, promote housing opportunity and choice, and ensure the greatest number of quality affordable housing units are produced or preserved; Contribute to the development of housing that serves low ‐income seniors and people w ith disabilities w ith the appropriate levels of operating and service supports; Promote homeow nership opportunities for individuals and families that have barriers to affordability; Advance the development of sustainable, transit‐oriented communities that give low ‐income residents access to transportation, services, and economic opportunity in areas w ith high capacity transit stations or high frequency transit service; Promote cost‐effective sustainable design, construction, rehabilitation, and operations of affordable housing; Promote preservation of affordable housing, and prevent displacement of low ‐ income residents, through purchase and rehabilitation of existing housing; OR Contribute to the revitalization of communities through development and preservation of affordable housing, including mixed‐income housing and housing for existing low ‐income residents at risk of being displaced by redevelopment and rising housing costs.