CFDA 14.247 · retired · Funded this fiscal year
Self-Help Homeownership Opportunity Program
ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND DEVELOPMENT · HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF · Program page ↗
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.
Who Can Apply
- Specialized group (e.g. health professionals, students, veterans)
- 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.
Who Benefits
- Individual/Family
- Minority group
- Consumer
- Homeowner
- Land/Property Owner
- Moderate Income
- Low Income
- 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.
Assistance Types
- Grant
Program Contact
holly.a.kelly@hud.gov
2024026324