Xổ số miền bắc thứ 4 Investment Partnership

About the Program

The Xổ số miền bắc thứ 4 Investment Partnership program was established by the (HUD) in 1992 to provide funds to states and Participating Jurisdictions (PJs) such as Danville to fund activities that build, buy, and/or rehabilitate affordable housing for low-income people, often in partnership with local nonprofits.

The City of Danville receives approximately $500,000 in Xổ số miền bắc thứ 4 funds each year. PJs must match every dollar of Xổ số miền bắc thứ 4 funds used (except for administrative costs) with 25 cents from non-federal sources, which may include donated materials or labor, the value of donated property,Xổ số miền bắc thứ 4 proceeds from bond financing, and other resources.

PJs must reserve at least 15% of their allocations to fund housing to be owned, developed, or sponsored by experienced, community-driven nonprofit groups designated as Community Housing Development Organizations.

For more information on the Xổ số miền bắc thứ 4 Program in Danville, contact the Housing and Development office at 434-799-5260.