This Housing Department grant is offering the Self-Help Homeownership Opportunity Program (SHOP) to national and regional non-profit organizations and consortia. This grant is for facilitating innovative homeownership for low-income homebuyers through self-help housing initiatives. Funds can be utilized for land acquisition, infrastructure development, and related planning/administrative costs, with a cap of $15,000 per dwelling unit for these combined expenses. Construction costs must be covered by other leveraged public and private funds. A key requirement is that homebuyers contribute substantial sweat equity towards their units, which must be decent, safe, and sold below market price. The program aims to make homeownership accessible by leveraging community and individual efforts.
Opportunity ID: 103454
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | FR-5500-N-11 |
| Funding Opportunity Title: | Self-Help Homeownership Opportunity Program |
| 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: | Jul 06, 2011 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | Sep 06, 2011 |
| Current Closing Date for Applications: | Sep 06, 2011 |
| Archive Date: | Sep 13, 2011 |
| Estimated Total Program Funding: | $26,676,540 |
| 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 non-profit public or private organization (or a consortia) that has the capacity and experience to provide or facilitate self-help homeownership housing opportunities in at least two states. Applicants must have successfully completed at least 30 self-help 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 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. SHOP funds must be used for land acquisition, the installation or improvement of infrastructure, and for reasonable and necessary planning, administration and management costs. The average SHOP expenditure for the combined costs of land and infrastructure must not exceed $15,000 per dwelling unit. The construction costs of the dwellings must be funded with other leveraged public and private funds. SHOP homeowners must contribute a significant amount of sweat equity towards the purchase of their 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. These units must be sold to eligible low-income homebuyers at prices below the prevailing market price. The homebuyer�s sweat equity contribution must not be mortgaged or otherwise restricted upon future sale of the SHOP unit. SHOP grantees may award SHOP funds to affiliate organizations to carry out the grantee�s SHOP program. These affiliates must be located within the grantee�s 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
Phone 202-402-4605 Email:@hud.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
Related Documents
Folder 103454 Full Announcement-1 -> fy 2011 shop final nofa.pdf
Packages
| Agency Contact Information: | Ms. Ginger Macomber Phone 202-402-4605 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-11 | Self Help Homeownership Opportunity Program | PKG00062751 | Jul 06, 2011 | Sep 06, 2011 | View |
Package 1
Mandatory forms
103454 SF424_2_1-2.1.pdf
103454 HUD_FaxTransmittal-1.1.pdf
103454 FaithBased_SurveyOnEEO-1.2.pdf
103454 HUD_DetailedBudget-1.1.pdf
103454 HUD_DisclosureUpdateReport-1.1.pdf
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