Who will own the residence and be responsible for ensuring it functions positively with the community?
In accordance with HUD regulations, CHN will create a separate non-profit company whose sole purpose will be to own and operate Melissa’s House. Board members from both CHN and the Melissa’s Housing Foundation will be appointed to the ownership entity, so that both organizations will be responsible for the property. Both companies are non-profit corporations and will enter into an agreement that assures the property is properly managed and has sufficient funds to operate as envisioned by the Melissa’s House Foundation.
