This grant, offered through the Self-Help Homeownership Opportunity Program (SHOP), aims to support national and regional non-profit organizations and consortia in fostering innovative homeownership opportunities. It specifically targets self-help housing programs to benefit low-income homebuyers. Funds are available for essential costs such as land acquisition, infrastructure improvements, and associated planning and administration, with a cap of $25,000 per unit for land and infrastructure. Recipients must operate in at least two states. The program requires homebuyers to contribute significant ‘sweat equity’ towards their dwelling, which must be sold below market price. The construction or rehabilitation of these homes must be financed through other public and private funds, emphasizing leveraging external resources for comprehensive housing development.
Opportunity ID: 350426
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | FR-6700-N-19 |
| 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: | 7 |
| Assistance Listings: | 14.247 — Self-Help Homeownership Opportunity Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 2 |
| Posted Date: | Oct 02, 2023 |
| Last Updated Date: | Oct 02, 2023 |
| Original Closing Date for Applications: | Nov 30, 2023 The application deadline is 11:59:59 PM Eastern time on |
| Current Closing Date for Applications: | Dec 04, 2023 The application deadline is 11:59:59 PM Eastern time on |
| Archive Date: | – |
| Estimated Total Program Funding: | $13,500,000 |
| Award Ceiling: | $13,500,000 |
| Award Floor: | $1,145,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education |
| Additional Information on Eligibility: | Eligible applicants include public or private non-profit organizations, or a consortium of public or private non-profit organizations, that have the capacity and experience to provide or facilitate self-help homeownership opportunities on a national or regional basis. Grantees must directly undertake eligible SHOP activities and/or enter into a written agreement with one or more non-profit affiliate organizations to carry out eligible SHOP activities.The term “you” as used in this NOFO refers to the SHOP applicant, including all consortium members. The term “consortium” refers to all consortium members. The term “Grantee” refers to a successful SHOP applicant, including all consortium members, that have been awarded SHOP grant funds under this NOFO. The term “affiliate” refers to an eligible non-profit organization that is an affiliate of a SHOP grantee. Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement. |
Additional Information
| Agency Name: | Department of Housing and Urban Development |
| Description: | This SHOP NOFO announces the availability of $ 12,500,000 in FY2022 SHOP Grant funds to be 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 Grant funds in at least two states. Individuals are not eligible to apply for SHOP Grant funds.SHOP Grant funds must be used for land acquisition, infrastructure improvements, and for reasonable and necessary planning and administration costs (not to exceed 10 percent). The construction or rehabilitation costs of each SHOP unit must be funded with other leveraged public and private funds. The average SHOP Grant expenditure for the combined costs of land acquisition and infrastructure improvements must not exceed $25,000 per SHOP unit.SHOP units must be decent, safe, and sanitary non-luxury dwellings that comply with state and local codes, ordinances, and zoning requirements. The SHOP units must be sold to homebuyers at prices below the prevailing market price.Homebuyers must be low-income and must contribute a significant amount of sweat equity towards the development of the SHOP units. A homebuyer’s sweat equity contribution must not be mortgaged or otherwise restricted upon future sale of the SHOP unit. Volunteer labor is also requiredSHOP Grantees may award SHOP Grant funds to local non-profit affiliate organizations to carry out the Grantee’s SHOP program. These affiliate organizations must be located within the Grantee’s service area. |
| Link to Additional Information: | https://www.hud.gov/program_offices/spm/gmomgmt/grantsinfo/fundingopps |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Lisa Peoples
RHED@hud.gov Email:RHED@hud.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
| upadated due application deadline | Oct 02, 2023 | |
| Oct 02, 2023 |
DISPLAYING: Synopsis 2
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | FR-6700-N-19 |
| 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: | 7 |
| Assistance Listings: | 14.247 — Self-Help Homeownership Opportunity Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 2 |
| Posted Date: | Oct 02, 2023 |
| Last Updated Date: | Oct 02, 2023 |
| Original Closing Date for Applications: | Nov 30, 2023 The application deadline is 11:59:59 PM Eastern time on |
| Current Closing Date for Applications: | Dec 04, 2023 The application deadline is 11:59:59 PM Eastern time on |
| Archive Date: | – |
| Estimated Total Program Funding: | $13,500,000 |
| Award Ceiling: | $13,500,000 |
| Award Floor: | $1,145,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education |
| Additional Information on Eligibility: | Eligible applicants include public or private non-profit organizations, or a consortium of public or private non-profit organizations, that have the capacity and experience to provide or facilitate self-help homeownership opportunities on a national or regional basis. Grantees must directly undertake eligible SHOP activities and/or enter into a written agreement with one or more non-profit affiliate organizations to carry out eligible SHOP activities.The term “you” as used in this NOFO refers to the SHOP applicant, including all consortium members. The term “consortium” refers to all consortium members. The term “Grantee” refers to a successful SHOP applicant, including all consortium members, that have been awarded SHOP grant funds under this NOFO. The term “affiliate” refers to an eligible non-profit organization that is an affiliate of a SHOP grantee. Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement. |
Additional Information
| Agency Name: | Department of Housing and Urban Development |
| Description: | This SHOP NOFO announces the availability of $ 12,500,000 in FY2022 SHOP Grant funds to be 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 Grant funds in at least two states. Individuals are not eligible to apply for SHOP Grant funds.SHOP Grant funds must be used for land acquisition, infrastructure improvements, and for reasonable and necessary planning and administration costs (not to exceed 10 percent). The construction or rehabilitation costs of each SHOP unit must be funded with other leveraged public and private funds. The average SHOP Grant expenditure for the combined costs of land acquisition and infrastructure improvements must not exceed $25,000 per SHOP unit.SHOP units must be decent, safe, and sanitary non-luxury dwellings that comply with state and local codes, ordinances, and zoning requirements. The SHOP units must be sold to homebuyers at prices below the prevailing market price.Homebuyers must be low-income and must contribute a significant amount of sweat equity towards the development of the SHOP units. A homebuyer’s sweat equity contribution must not be mortgaged or otherwise restricted upon future sale of the SHOP unit. Volunteer labor is also requiredSHOP Grantees may award SHOP Grant funds to local non-profit affiliate organizations to carry out the Grantee’s SHOP program. These affiliate organizations must be located within the Grantee’s service area. |
| Link to Additional Information: | https://www.hud.gov/program_offices/spm/gmomgmt/grantsinfo/fundingopps |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Lisa Peoples
RHED@hud.gov Email:RHED@hud.gov |
DISPLAYING: Synopsis 1
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | FR-6700-N-19 |
| 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: | 7 |
| Assistance Listings: | 14.247 — Self-Help Homeownership Opportunity Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | Oct 02, 2023 |
| Last Updated Date: | Oct 02, 2023 |
| Original Closing Date for Applications: | – |
| Current Closing Date for Applications: | Nov 30, 2023 The application deadline is 11:59:59 PM Eastern time on |
| Archive Date: | – |
| Estimated Total Program Funding: | $13,500,000 |
| Award Ceiling: | $13,500,000 |
| Award Floor: | $1,145,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education |
| Additional Information on Eligibility: | Eligible applicants include public or private non-profit organizations, or a consortium of public or private non-profit organizations, that have the capacity and experience to provide or facilitate self-help homeownership opportunities on a national or regional basis. Grantees must directly undertake eligible SHOP activities and/or enter into a written agreement with one or more non-profit affiliate organizations to carry out eligible SHOP activities.The term “you” as used in this NOFO refers to the SHOP applicant, including all consortium members. The term “consortium” refers to all consortium members. The term “Grantee” refers to a successful SHOP applicant, including all consortium members, that have been awarded SHOP grant funds under this NOFO. The term “affiliate” refers to an eligible non-profit organization that is an affiliate of a SHOP grantee. Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement. |
Additional Information
| Agency Name: | Department of Housing and Urban Development |
| Description: | This SHOP NOFO announces the availability of $ 12,500,000 in FY2022 SHOP Grant funds to be 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 Grant funds in at least two states. Individuals are not eligible to apply for SHOP Grant funds.SHOP Grant funds must be used for land acquisition, infrastructure improvements, and for reasonable and necessary planning and administration costs (not to exceed 10 percent). The construction or rehabilitation costs of each SHOP unit must be funded with other leveraged public and private funds. The average SHOP Grant expenditure for the combined costs of land acquisition and infrastructure improvements must not exceed $25,000 per SHOP unit.SHOP units must be decent, safe, and sanitary non-luxury dwellings that comply with state and local codes, ordinances, and zoning requirements. The SHOP units must be sold to homebuyers at prices below the prevailing market price.Homebuyers must be low-income and must contribute a significant amount of sweat equity towards the development of the SHOP units. A homebuyer’s sweat equity contribution must not be mortgaged or otherwise restricted upon future sale of the SHOP unit. Volunteer labor is also requiredSHOP Grantees may award SHOP Grant funds to local non-profit affiliate organizations to carry out the Grantee’s SHOP program. These affiliate organizations must be located within the Grantee’s service area. |
| Link to Additional Information: | https://www.hud.gov/program_offices/spm/gmomgmt/grantsinfo/fundingopps |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Lisa Peoples
RHED@hud.gov Email:RHED@hud.gov |
Related Documents
Folder 350426 Full Announcement-Full Announcement -> ShopNofo_FR-6700-N-19.pdf
Packages
| Agency Contact Information: | Lisa Peoples RHED@hud.gov Email: RHED@hud.gov |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 14.247 | FR-6700-N-19 | Self-Help Homeownership Opportunity Program (SHOP) | PKG00283337 | May 19, 2023 | Dec 04, 2023 | View |
Package 1
Mandatory forms
350426 SF424_4_0-4.0.pdf
350426 SFLLL_2_0-2.0.pdf
350426 HUD_DisclosureUpdateReport_4_0-4.0.pdf
350426 HUD_DetailedBudget-1.1.pdf
350426 HUD_424B-1.0.pdf
350426 SF424A-1.0.pdf
Optional forms
350426 AttachmentForm_1_2-1.2.pdf
350426 SF424D-1.1.pdf
Share This Post, Choose Your Platform!
About the Author: osnqt
