Self-Help Homeownership Opportunity Program

 

To facilitate and encourage innovative homeownership opportunities through the provision of self-help homeownership in which the homebuyer contributes a significant amount of sweat equity toward the development of the SHOP units.

General information about this opportunity
Last Known Status
Active
Program Number
14.247
Federal Agency/Office
Assistant Secretary For Community Planning and Development, Department of Housing and Urban Development
Type(s) of Assistance Offered
B - Project Grants
Program Accomplishments
Fiscal Year 2016 estimated 533 homeownership units 539 units
Fiscal Year 2017 FY 2017 SHOP NOFA will be published in the third quarter of FY2017.
Fiscal Year 2018 Four grants were awarded to both national and regional organizations.
Authorization
Housing Opportunity Program Extension Act of 1996, Public Law 104-120 Section 11, as amended.
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
Funds are awarded competitively to national or regional nonprofit organizations or consortia that have capacity and experience in providing or facilitating self-help housing homeownership opportunities. Grantees must use a significant amount of SHOP grant funds in at least two states. Grantees may award grant funds to local non-profit affiliate organizations.
Beneficiary Eligibility
Eligible homebuyers are low-income families, (including individuals) who are otherwise unable to afford to purchase a dwelling, and who provide significant amounts of sweat equity towards the development of the dwellings.
Credentials/Documentation
Proof of nonprofit status is required.
What is the process for applying and being award this assistance?
Pre-Application Procedure
Preapplication coordination is not applicable.
Application Procedure
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. Application Procedure: Applications may be submitted electronically in response to the annual publication of the SHOP NOFA in grants.gov. The General Section of the NOFA and SHOP NOFA detail the submission requirements.
Award Procedure
Based upon the requirements published in the NOFA, respondents are notified of acceptance or rejection.
Deadlines
Contact the headquarters or regional location, as appropriate for application deadlines
Approval/Disapproval Decision Time
From 60 to 90 days.
Appeals
Not applicable.
Renewals
Not applicable.
How are proposals selected?
Applications are reviewed according to the rating factor requirements set forth in the SHOP NOFA.
How may assistance be used?
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 SHOP units. Additionally, up to 20 percent of the grant amount may be used for related planning, administrative and management costs.
What are the requirements after being awarded this opportunity?
Reporting
Not applicable.
Auditing
Not applicable.
Records
All records applicable to the program must be kept for three years following close-out.
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.

Matching is voluntary. Leveraging of other public and/or private resources and volunteer labor are required to complete housing construction.

MOE requirements are not applicable to this assistance listing.
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. Assistance is released on an as-needed basis.
Who do I contact about this opportunity?
Regional or Local Office
None/Not specified.
Headquarters Office
Thann Young
451 7Th Street SW
Washington, DC 20410 US
Thann.young@hud.gov
Phone: 202-402-4464
Website Address
http://www.hud.gov/offices/cpd/affordablehousing/programs/shop/index.cfm
Financial Information
Account Identification
86-0176-0-1-604
Obligations
(Project Grants) FY 18$10,000,000.00; FY 19 est $10,000,000.00; FY 20 Estimate Not Available FY 17$10,000,000.00; FY 16$10,000,000.00; - (Project Grants (for specified projects)) FY 18$10,000,000.00; FY 19 est $10,000,000.00; FY 20 est $10,000,000.00; - (Project Grants) FY 18$10,000,000.00; FY 19 est $0.00; FY 20 est $0.00; - (Project Grants) FY 18$10,000,000.00; FY 19 est $10,000,000.00; FY 20 est $0.00; -
Range and Average of Financial Assistance
Four grants were awarded with FY 2018 funds. They ranged from $1,104,723 to 5,187,271. The average grant was $2,500,000.
Regulations, Guidelines and Literature
The SHOP statute and SHOP NOFA establish the SHOP program requirements.
Examples of Funded Projects
Not applicable.

 



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