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Grants to qualified USA national and regional nonprofits and consortia to help low income individuals become homeowners. Grantees provide funding for land acquisition, infrastructure improvement (up to $15,000), planning, and administration costs, and the homebuyer provides significant sweat equity towards construction or rehabilitation of his/her home.
Grantees must use a major portion of the funds in at least two States.
Specifically, funds will be provided to facilitate and encourage innovative homeownership opportunities on a national and geographically-diverse basis. The program supports self-help housing programs that require a significant amount of sweat equity by the homebuyer toward the construction or rehabilitation of his or her home. Volunteer labor is also required.
Eligible applicants for SHOP funding include national and regional non-profit organizations and consortia with experience facilitating homeownership opportunities on a national, geographically-diverse basis through the provision of self-help homeownership housing programs. Applicants must propose to use a significant amount of SHOP grant funds in at least two states and may award SHOP grant funds to local non-profit affiliate organizations to carry out the Grantee's SHOP program. These affiliate organizations must be located within the Grantee's service area. Individuals are not eligible to apply for SHOP grant funds.
SHOP grant funds must be used for land acquisition, infrastructure improvements, and for reasonable and necessary planning and administration costs (not to exceed 20 percent) with the maximum average SHOP investment for land acquisition and infrastructure not exceeding $15,000 per SHOP unit. The construction or rehabilitation costs of each SHOP unit must be funded with other leveraged public and private funds. 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.
Estimated Total Program Funding:
Number of Grants:
Estimated Size of Grant:
Estimated Project Start Date: 02/01/2016.
Estimated Project End Date: 01/31/2018.
The Grantee must expend all SHOP grant funds within 24 months of the date that HUD makes the SHOP grant funds available for drawdown in the Grantee’s line of credit. However, grant funds provided to a SHOP affiliate that develops five or more SHOP units must be expended within 36 months of the date that HUD makes the SHOP grant funds available for drawdown in the Grantee’s line of credit.
The Grantee’s administrative costs directly related to the management and oversight of affiliates developing five or more SHOP units must also be expended within 36 months of the date the SHOP grant funds are made available in the Grantee’s line of credit.
For general guidance about the requirements :
Ms. Martha Murray
SHOP Program Manager
Telephone (202) 402-2684 (this is not a toll-free number)
Questions concerning the General Section:
Office of Strategic Planning and Management
Grants Management and Oversight Division
(202) 708-0667 (this is not a toll-free number)
Persons with hearing or speech impairments may access these numbers via TTY:
Toll-free Federal Relay Service: (800) 877-8339
Before starting your grant application, please review the funding source's website listed below for updates / changes / addendums / conferences / LOIs.