Self-Help Homeownership Opportunity Program (14.247)

Program

14.247 Self-Help Homeownership Opportunity Program

Federal Agency

Agency: Department of Housing and Urban Development
Office: Office Of Community Planning And Development

Authorization

Housing Opportunity Extension Act of 1996, Section 11, as amended.

Program Number

14.247

Last Known Status

Active

Objectives

To facilitate and encourage innovative homeownership opportunities through the provision of self-help housing where the homebuyer contributes a significant amount of sweat equity toward the construction of the dwellings.

Types of Assistance

PROJECT GRANTS

Uses and Use Restrictions

Eligible expenses for program funds are land acquisition and infrastructure improvements, which taken together may not exceed an average of $15,000 in assistance per dwelling. Additionally, up to 20 percent of the grant amount may be used for administrative costs.

Eligibility Requirements

Applicant Eligibility

Funds are awarded competitively to national or regional nonprofit organizations or consortia that have experience in providing self-help housing homeownership opportunities.

Beneficiary Eligibility

Eligible homebuyers are low-income families who are otherwise unable to afford to purchase a dwelling, and who provide significant amounts of sweat equity or volunteer labor to the development of the dwellings.

Credentials/Documentation

This program is subject to the provisions of 24 CFR part 84 for nonprofit organizations. This program is excluded from coverage under OMB Circular No. A-87.

Application and Award Process

Preapplication Coordination

Preapplication coordination is not applicable. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372.

Application Procedure

This program is excluded from coverage under OMB Circular No. A-102. This program is excluded from coverage under OMB Circular No. A-110. Application Procedure: Applications may be submitted electronically in response to the annual publication of the SHOP NOFA in the Federal Register. The General Section of the SuperNOFA and SHOP NOFA detail the submission requirements.

Award Procedure

Based upon the requirements published in the Federal Register SuperNOFA, respondents are notified of acceptance or rejection.

Deadlines

Contact the headquarters or regional office, as appropriate, for application deadlines.

Range of Approval/Disapproval Time

From 60 to 90 days. From 60 to 90 days.

Appeals

Other - Not Specified.

Renewals

Not Applicable.

Assistance Considerations

Formula and Matching Requirements

This program has no statutory formula.

Matching Requirements: Leveraging of other public and/or private resources and homebuyer sweat equity and volunteer labor are required to complete housing construction.

This program does not have MOE requirements.

Length and Time Phasing of Assistance

Assistance is released on an as-needed basis over a 24-month period. For affiliates that develop 5 or more dwellings units, up to a 36-month period. See the following for information on how assistance is awarded/released: Assistance is released on an as-needed basis.

Post Assistance Requirements

Reports

Quarterly and annual progress reports on construction and expenditures; as well as, final close-out reports. No cash reports are required. Quarterly and annual reports on construction and expenditure progress. Quarterly and annual progress reports. No performance monitoring is required.

Audits

In accordance with the provisions of OMB Circular No. A-133 (Revised, June 27, 2003), "Audits of States, Local Governments, and Non-Profit Organizations," nonfederal entities that expend financial assistance of $500,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $500,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133. The audit requirements in 24 CFR part 45 (implementing OMB Circular No. A-133) apply. In accordance with the provisions of OMB Circular No. A-133, (Revised, June 27, 2003), "Audits of States, Local Governments, and Nonprofit Organizations," nonfederal entities that expend financial assistance of $500,000 or more in Federal Awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $500,000 a year in Federal awards are exempt from Federal audit requirements for the year, except as noted in Circular No. A-133.

Records

All records applicable to the program must be kept for three years following close-out.

Program Accomplishments

Fiscal Year 2008: 1,615 units were completed in FY 2008 and over 2,300 units are under development. Fiscal Year 2009: As of December 31, 2008 over 630 units were completed and over 2,300 units are under development. Fiscal Year 2010: FY 2010 funding will provide homeownership opportunities to approximately 2,133 low-income families over time.

Financial Information

Account Identification

86-0176-0-1-451.

Obligations

(Project Grants) FY 08 $26,500,000; FY 09 est $26,500,000; FY 10 est $27,000,000 - (NOTE: Amounts reported reflect allocation of new budget authority rather than obligation amounts.).

Range and Average of Financial Assistance

Three grants were awarded in FY 2008. They ranged from $6,625,000 to $13,250,000. The average grant was $8,833,333.

Regulations, Guidelines and Literature

The statute and SHOP NOFA constitute the regulations.

Related Programs

Not Applicable.

Information Contacts

Regional or Local Office

None.

Headquarters Office

Danielle Frazier, 451 7th Street, SW, Room 7164, Washington, District of Columbia 20410 Email: Danielle.Frazier@hud.gov Phone: (202) 402-7354 Fax: (202) 708-1744

Web Site Address

http://www.hud.gov/offices/cpd/affordablehousing/programs/shop/index.cfm

Examples of Funded Projects

Not Applicable.

Criteria for Selecting Proposals

Applications are reviewed according to the rating factor requirements set forth in the SHOP NOFA and SuperNOFA.