The Department of Housing and Urban Development is seeking applications for its Self-Help Homeownership Opportunity Program (SHOP).
Donor Name: Department of Housing and Urban Development
State: All States
County: All Counties
Type of Grant: Grant
Deadline: 11/30/2023
Size of the Grant: $13,500,000
Grant Duration: 36 months
Details:
The Self-Help Homeownership Opportunity Program (SHOP) awards grant funds to eligible national and regional non-profit organizations and consortia to purchase home sites and develop or improve the infrastructure needed to set the stage for sweat equity and volunteer-based homeownership programs for low-income persons and families.
Funding Information
Through this NOFO, HUD is making $13,500,000 of 2023 SHOP grant funds available to national and regional non-profit organizations and consortia. 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.
Grant Period
36-month project period with three 12-month budget periods.
Uses of funds
Land acquisition, infrastructure improvements, and reasonable and necessary planning and administration costs (not to exceed 20 percent) are the only eligible uses for SHOP grant funds. The average SHOP expenditure for the combined cost of land acquisition and infrastructure improvements cannot exceed $25,000 per SHOP unit. Successful applicants must leverage other public and private funds to pay for the construction or rehabilitation costs of each SHOP unit and for any other program costs that are not assisted with SHOP grant funds.
Eligibility Criteria
Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education.
For more information, visit Grants.gov.
