Self Help Homeownership Opportunity Program

The summary for the Self Help Homeownership Opportunity Program 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 funds are to be used to facilitate and encourage innovative homeownership opportunities on a national geographically diverse basis through self-help housing programs that require significant sweat-equity by the homebuyer toward the construction or rehabilitation of the dwelling. SHOP programs are administered by national and regional nonprofit organizations and consortia. Units developed with SHOP funds must be decent, safe, and sanitary non-luxury dwellings and must be made available to eligible homebuyers at prices below the prevailing market prices. Eligible homebuyers are low-income individuals and families (i.e., those whose annual incomes do not exceed 80 percent of the median income for the area, as established by HUD) who would otherwise be unable to purchase a dwelling but for the provision of sweat equity. Housing assisted under this Notice of Funding Availability (NOFA) must involve labor contributed by homebuyers and volunteers in the construction of dwellings and other activities that involve the community in the project.

Federal Grant Title:	Self Help Homeownership Opportunity Program
Federal Agency Name:	Department of Housing and Urban Development
Grant Categories:	Community Development Housing
Type of Opportunity:	Discretionary
Funding Opportunity Number:	FR-5200-N-23
Type of Funding:	Grant
CFDA Numbers:	14.247
CFDA Descriptions:	Self-Help Homeownership Opportunity Program
Current Application Deadline:	Jul 18, 2008
Original Application Deadline:	Jul 11, 2008
Posted Date:	May 04, 2008
Creation Date:	Jun 12, 2008
Archive Date:	Jul 19, 2008
Total Program Funding:
Maximum Federal Grant Award:	$26,500,000
Minimum Federal Grant Award:
Expected Number of Awards:
Cost Sharing or Matching:	No

Category Explanation: TECHNICAL CORRECTION PUBLISHED IN THE FEDERAL REGISTER AND IS POSTED IN THE INSTRUCTIONS DOWNLOAD.
Applicants Eligible for this Grant: Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility: You must be a national or regional nonprofit public or private organization or consortium that has the capacity and experience to provide or facilitate self-help housing homeownership opportunities. Your organization or consortium must undertake eligible SHOP activities directly and/or provide funding assistance to your local affiliates to carry out SHOP activities. You must propose in your application to use a significant amount of SHOP funds in at least two states. Affiliates must be located within the regional organization's or consortium's service area.
Link to Full Grant Announcement: Information not provided
Grant Announcement Contact: Louise Thompson 202.708.2684

Program Contact [[email protected]]
Similar Government Grants: • Self-Help Homeownership Opportunity Program (SHOP); • Self-Help Homeownership Opportunity Program
More Grants from the Department of Housing and Urban Development: • Foster Youth to Independence (FYI) Competitive NOFO - Fiscal Year 2024; • HUDRD - HBCU Research Center of Excellence; • FY24 Choice Neighborhoods Planning Grants NOFO; • Fiscal Year 2023 Homeownership Initiative; • Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Competition