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U.S. Department of Housing and Urban Development: Self-Help Homeownership Opportunity Program (SHOP)

Deadline: September 4, 2014

This program seeks to facilitate and encourage innovative homeownership opportunities on a national, geographically diverse basis through the provision of self-help homeownership housing programs. Self-help Homeownership Opportunity Programs (SHOP) units must be decent, safe, and sanitary non-luxury dwellings that comply with state and local codes, ordinances, and zoning requirements, and with all other SHOP requirements, including but not limited to, the requirements for energy-efficiency, water conservation, and accessibility. The SHOP units must be sold to homebuyers at prices below the prevailing market price. Homebuyers must be low-income and must contribute a significant amount of sweat equity towards the development of the SHOP units.

Amount: $10,000,000 for up to 4 awards.

Eligibility:

  • National Organizations: a public or private non-profit organization that carries out self-help homeownership housing activities or funds affiliates that carry out self-help homeownership housing activities.
  • Regional Organizations:a public or private non-profit organization that carries out self-help homeownership housing activities or funds affiliates that carry out self-help homeownership housing activities on a regional scale. A regional area is a geographic area such as the Southwest or Northeast that includes at least two states. The states in the region need not be contiguous, and the service area of the organization need not precisely conform to state boundaries.
  • Consortium: two or more public or private non-profit organizations located in at least two states that enter into an agreement to submit a single application for SHOP Grant funds to carry out self-help homeownership housing activities on a national or regional basis.

Linkhttp://portal.hud.gov/hudportal/HUD?src=/program_offices/comm_planning/affordablehousing/programs/shop

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