CHRA was incorporated as a Community Housing Resource Board (CHRB) in 1988. CHRBs were an outgrowth of the Department of Housing and Urban Development (HUD) to promote fair housing and equal housing opportunity. HUD dropped its sponsorship of CHRBs in 1996, but the Phoenix organization continued to serve home buyers and changed its name to Community Housing Resources of Arizona to better reflect its scope. CHRA's service territory is state-wide though the majority of clients live in and around Maricopa County.
Key funding sources include government programs, banks, contracts with private entities, foundations and other non-profit organizations.
Community Housing Resources of Arizona provides accessibility, participation, services and employment for all eligible persons regardless of race, color, religion, sex, handicap, familial status or national origin