Self-Help Homeownership Opportunity Program
The summary for the Self-Help Homeownership Opportunity Program Federal Grant is detailed below.
It contains information such as the Catalog of Federal Domestic Assistance (CFDA) number, who is eligible for the grant, how much grant money will be awarded, important deadlines, and a sampling of similar government grants.
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| Federal Grant Title: | SELF-HELP HOMEOWNERSHIP OPPORTUNITY PROGRAM |
| Federal Agency Name: | Department of Housing and Urban Development |
| Program Name: | Self-Help Homeownership Opportunity Program |
| Grant Categories: | Housing |
| CFDA Number: | 14.247 |
| Funding Opportunity Number: | FR-5500-N-11 |
| Posted Date: | Jul 06, 2011 |
| Creation Date: | Jul 06, 2011 |
| Original Application Deadline: | Sep 06, 2011 |
| Current Application Deadline: | Sep 06, 2011 |
| Archive Date: | Sep 13, 2011 |
| Total Program Funding: | $26,676,540 |
| Maximum Federal Grant Award: | Information not provided |
| Minimum Federal Grant Award: | Information not provided |
| Expected Number of Awards: | Information not provided |
| Cost Sharing or Matching: | No |
- Applicants Eligible for this Grant
- 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.
- Grant 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 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 affiliate organizations to carry out the grantees SHOP program. These affiliates must be located within the grantees service area.
- Link to Full Grant Announcement
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https://apply07.grants.gov/apply/forms_apps_idx.html
- Grant Announcement Contact
- Ms. Ginger Macomber Phone 202-402-4605
See agency contact [@hud.gov] - Similar Government Grants
- • Self-Help Homeownership Opportunity Program (SHOP)
- • Self Help Homeownership Opportunity Program
- More Grants from the Department of Housing and Urban Development
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