Self-Help Homeownership Opportunity Program
Program Funding
Annual program obligations reported to SAM.gov.
Who has received this funding
Organizations awarded under CFDA 14.247 (USAspending.gov).
- Habitat For Humanity International Inc 3 awards $12,659,539
- Community Frameworks 2 awards $8,750,000
- Housing Assistance Council 2 awards $6,500,000
- Tierra Del Sol Housing Corporation 2 awards $3,137,233
- Community Resources And Housing Development Corporation $2,942,228
Program Objective
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.
Eligibility
Eligible Applicants
- Specialized groups
- Nonprofit Organization
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.
Beneficiaries
- 11
- 12
- 32
- 33
- 34
- 60
- 61
- Nonprofit Organization
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.
How to Apply
Award Procedure
Based upon the requirements published in the NOFO, respondents are notified of acceptance or rejection.
Decision Timeline
- Approval: From 60 to 90 days
Program details & compliance
Description
Housing Opportunity Program Extension Act of 1996, Public Law 104-120 Section 11, as amended.
Mission Categories
Primary: Homebuying, Homeownership
Other categories:
Home ImprovementCooperatives, Rental
Use of Funds
Allowed Uses
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.
Required Documentation
Proof of nonprofit status is required.
Matching Requirements
Leveraging of other public and/or private resources and volunteer labor are required to complete housing construction.
Reporting & Compliance
Applicable 2 CFR 200 Subparts
- Subpart B — General Provisions
- Subpart C — Pre-Federal Award Requirements
- Subpart D — Post-Federal Award Requirements
- Subpart E — Cost Principles
- Subpart F — Audit Requirements