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
Agency: Department of Housing and Urban Development
Office: Office of Community Planning and Development
Type(s) of Assistance Offered
PROJECT GRANTS
Program Accomplishments
Fiscal Year 2014: 541 homeownership units. Fiscal Year 2015: estimated 533 homeownership units. Fiscal Year 2016: estimated 533 homeownership units.
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. 2 CFR 200, Subpart E - Cost Principles applies to this program.
What is the process for applying and being award this assistance?
Pre-Application Procedure
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
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 office, 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
Quarterly and annual progress reports on construction and expenditures; as well as, final close-out reports. Quarterly and annual reports on construction and expenditure. Quarterly and annual reports on construction and expenditure progress Grantees must monitor each consortium member and affiliate at least once during the grant term. Quarterly and annual progress reports. No performance monitoring is required.
Auditing
In accordance with the provisions of 2 CFR 200, Subpart F - Audit Requirements, non-Federal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Non-Federal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503.
Records
All records applicable to the program must be kept for three years following close-out.
Other Assistance Considerations
Formula and Matching Requirements
This program has no statutory formula.
Matching Requirements: Leveraging of other public and/or private resources 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.
Who do I contact about this opportunity?
Regional or Local Office
None.
Headquarters Office
Martha Murray 451 7Th Street SW, Washingon, District of Columbia 20410 Email: martha.w.murray@hud.gov Phone: 202-708-2684 Fax: 202-708-1744
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 14 $0; FY 15 est $10,022,500; and FY 16 est $19,977,500
Range and Average of Financial Assistance
Four grants were awarded with FY 2014 & 2015 funds. They ranged from $562,500 to $6,211,368. The average grant was $1,693,342.
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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