Self-Help Homeownership Opportunity Program (SHOP)
The summary for the Self-Help Homeownership Opportunity Program (SHOP) grant is detailed below.
This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants.
Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact.
If any section is incomplete, please visit the website for the Department of Housing and Urban Development, which is the U.S. government agency offering this grant.
Self-Help Homeownership Opportunity Program (SHOP): 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. SHOP Grantees must use a significant amount of SHOP Grant funds in at least two states. SHOP Grant 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 Grant expenditure for the combined costs of land acquisition and infrastructure improvements 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. Volunteer labor is also required. Assisted units must be decent, safe, and sanitary non-luxury dwellings that comply with state and local codes, ordinances, and zoning requirements, and with the SHOP requirements (including requirements for energy-efficiency and water conservation). The SHOP units must be sold to homebuyers at prices below the prevailing market price. A homebuyer’s sweat equity contribution must not be mortgaged or otherwise restricted upon future sale of the SHOP unit. SHOP 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.
| Federal Grant Title: | Self-Help Homeownership Opportunity Program (SHOP) |
| Federal Agency Name: | Department of Housing and Urban Development |
| Grant Categories: | Housing |
| Type of Opportunity: | Discretionary |
| Funding Opportunity Number: | FR-5800-N-14 |
| Type of Funding: | Grant |
| CFDA Numbers: | 14.247 |
| CFDA Descriptions: | Self-Help Homeownership Opportunity Program |
| Current Application Deadline: | Sep 4, 2014 Electronically submitted applications |
| Original Application Deadline: | Sep 4, 2014 Electronically submitted applications |
| Posted Date: | Jul 14, 2014 |
| Creation Date: | Jul 14, 2014 |
| Archive Date: | Feb 13, 2015 |
| Total Program Funding: | $10,000,000 |
| Maximum Federal Grant Award: | $10,000,000 |
| Minimum Federal Grant Award: | $0 |
| Expected Number of Awards: | 4 |
| Cost Sharing or Matching: | Yes |
- Applicants Eligible for this Grant
- Others (see text field entitled "Additional Information on Eligibility" for clarification)
- Additional Information on Eligibility
- You must be a public or private non-profit organization, or a consortium of public or private non-profit organizations, that has the capacity and experience to provide or facilitate self-help homeownership housing opportunities on a national or regional basis. You must propose to undertake eligible SHOP activities directly and/or to enter into a written agreement with one or more non-profit affiliate organizations to carry out your eligible SHOP activities.
Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement. - Link to Full Grant Announcement
- http://portal.hud.gov/hudportal/HUD?src=/program_offices/administration/grants/fundsavail
- Grant Announcement Contact
- Questions regarding specific program requirements should be directed to Ms. Martha Murray, SHOP Program Manager, Office of Affordable Housing Programs, at (202) 402-4410 (this is not a toll-free number).
SHOP Program Manager
Department of Housing and Urban Development 202 708 0667 - Similar Government Grants \n\n
- • Self-Help Homeownership Opportunity Program
- • Self Help Homeownership Opportunity Program
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