This grant, the Self-Help Homeownership Opportunity Program (SHOP), is designed for national and regional non-profit organizations and consortia to facilitate innovative self-help homeownership opportunities across the U.S. It mandates fund usage in at least two states, specifically for land acquisition, infrastructure improvements, and up to 20% for planning and administration. Construction costs must be externally leveraged. The average SHOP expenditure for land and infrastructure is capped at $15,000 per unit. A key requirement is significant sweat equity and volunteer labor from eligible low-income homebuyers. Assisted units must be decent, safe, non-luxury, compliant, and sold below market price, ensuring the homebuyer’s equity remains unrestricted. Grantees can award funds to qualified affiliates.
Opportunity ID: 146714
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | FR-5600-N-05 |
| Funding Opportunity Title: | Self-Help Homeownership Opportunity Program (SHOP) |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Housing |
| Category Explanation: | – |
| Expected Number of Awards: | – |
| Assistance Listings: | 14.247 — Self-Help Homeownership Opportunity Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | Feb 27, 2012 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | Apr 30, 2012 |
| Current Closing Date for Applications: | Apr 30, 2012 |
| Archive Date: | May 08, 2012 |
| Estimated Total Program Funding: | $13,500,000 |
| Award Ceiling: | – |
| Award Floor: | – |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Individuals and local non-profit organizations are not eligible to apply for funding under this competitive SHOP NOFA. Applicants must be a national or regional public or private non-profit organization (or a consortium of public or private non-profit organizations) which has the capacity and experience to provide or facilitate self-help homeownership housing opportunities on a national or regional basis. Applicants must have successfully completed at least 30 self-help homeownership housing units in a national or regional area within the 24-month period immediately preceding the publication of this SHOP NOFA. |
Additional Information
| Agency Name: | Department of Housing and Urban Development |
| Description: | SHOP grant funds are awarded to national and regional non-profit organizations and consortia to facilitate and encourage innovative homeownership opportunities on a national, geographically diverse basis through the provision of self-help homeownership housing programs. Applicants must propose to use a significant amount of SHOP funds in at least two states. SHOP funds must be used for land acquisition, infrastructure improvements, and for reasonable and necessary planning, administration and management costs (not to exceed 20 percent). The construction or rehabilitation costs of each SHOP unit must be funded with other leveraged public and private funds. The average SHOP expenditure for the combined costs of land and infrastructure must not exceed $15,000 per SHOP unit. Eligible low-income homebuyers must contribute a significant amount of sweat equity towards the development of the SHOP units. Donated volunteer labor is also required. Assisted units must be decent, safe, and sanitary non-luxury dwellings that comply with local building and safety codes and standards, and with the SHOP requirements. The SHOP units must be sold to the homebuyers at prices below the prevailing market price. The homebuyers sweat equity contribution must not be mortgaged or otherwise restricted upon future sale of the SHOP unit. SHOP grantees may award SHOP funds to affiliates to carry out the grantees SHOP program. These affiliates must be located within the grantees service area. |
| Link to Additional Information: | Download Application and Instructions web page using CFDA Number ONLY. |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Ms. Ginger Macomber, Office of Affordable Housing Programs, at (202) 402-4605 (this is not a toll-free number).
Email:@hud.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
Related Documents
Folder 146714 Full Announcement-1 -> 12 shop nofa final.pdf
Packages
| Agency Contact Information: | Ms. Ginger Macomber, Office of Affordable Housing Programs, at (202) 402-4605 (this is not a toll-free number). Email: @hud.gov |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 14.247 | SHOP-05 | Self-Help Homeownership Opportunity Program | PKG00099950 | Feb 27, 2012 | Apr 30, 2012 | View |
Package 1
Mandatory forms
146714 SF424_2_1-2.1.pdf
146714 HUD_DetailedBudget-1.1.pdf
146714 HUD_FaxTransmittal-1.1.pdf
146714 HUD_DisclosureUpdateReport-1.1.pdf
146714 FaithBased_SurveyOnEEO-1.2.pdf
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