PY 2021-2022 HOME Funding Recommendations and Descriptions

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CITY OF CHANDLER 
PROGRAM YEAR 2021–2022 
HOME INVESTMENT PARTNERSHIPS PROGRAM (HOME) 
PROGRAM DESCRIPTIONS AND FUNDING RECOMMENDATIONS 
 
HOME Housing Activities: 
 
A New Leaf – Tenant-Based Rental Assistance 
Funding Request: 
$212,262 
Recommendation: 
$0 
 
Funding is requested to provide Tenant-Based Rental Assistance (TBRA) for households 
experiencing homelessness in Chandler. HOME TBRA funds will be used for direct housing 
assistance for a period of up to 24 months per household.  
 
ARM of Save the Family Foundation of Arizona, Inc. – Acquisition/Rehabilitation of 
Affordable Rental Housing 
Funding Request: 
$276,482 
Recommendation: 
$276,482 
 
Funding is requested to add one unit of affordable rental housing in the Chandler market for 
families with income below 60% Area Median Income. ARM of Save the Family will acquire and 
rehabilitate a three-bedroom unit and maintain it for eligible Chandler families to rent. ARM 
of Save the Family also provides individualized case management and supportive services to 
program participants to promote stabilization. 
 
Newtown Community Development Corporation – Community Land Trust 
Homeownership 
Funding Request: 
$200,000 
Recommendation: 
$107,781 
 
Funding is requested to provide affordable homeownership opportunities in Chandler for 
first-time homebuyers with incomes below 80% of the Area Median Income. Eligible buyers 
must complete homebuyer education classes and homeownership counseling, and attend an 
orientation where the ground lease, resale restrictions, shared equity, and other provisions of 
the Community Land Trust (CLT) program are explained. The CLT ground lease contains resale 
restrictions required by HOME program guidelines. Properties must be kept as the 
homebuyer’s principal place of residency. The ground lease gives Newtown the right of first 
refusal upon sale by the homeowner, and includes a shared appreciation provision to ensure 
the CLT homes remain affordable.