Self-Help Homeownership Opportunity Program (SHOP)
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The Self-Help Homeownership Opportunity Program (SHOP) provides competitive grants to eligible national and regional nonprofit organizations and consortia to facilitate the purchase of land and development or improvement of infrastructure necessary for sweat equity and volunteer-driven homeownership initiatives. These initiatives aim to promote affordable housing for low-income individuals and families, including veterans, first responders, homeless persons, and persons with disabilities, while supporting the creation of safe and stable neighborhoods across the country. SHOP homes must be sold below market value to low-income buyers who contribute a substantial amount of sweat equity. The homes are required to be non-luxury and comply with all applicable local and state codes, zoning laws, and SHOP program standards. Applicants must propose projects that use a significant portion of SHOP funds in at least two states, directing funds specifically to land acquisition, infrastructure improvements, and limited planning and administrative costs not exceeding 10 percent of the grant. The combined average expense for land acquisition and infrastructure development cannot exceed $25,000 per unit. Construction or rehabilitation costs must be covered through leveraged public and private funding, which can also be applied to other eligible program expenses not funded by SHOP. The NOFO allocates $24 million for FY2024 and FY2025 to support these activities, and all application submissions and communications with HUD must be conducted in English through Grants.gov.
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Full Description
This NOFO solicits applications for the Self-Help Homeownership Opportunity Program (SHOP). This grant awards funds to eligible national and regional nonprofit 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. The SHOP program is a tool to promote the production of affordable housing for low-income persons and families, including first-responders, veterans, and persons with disabilities, while fostering safe, stable neighborhoods in communities nationwide.
The SHOP grant program provides competitive awards to national and regional nonprofit 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 and to promote the production of affordable housing for low-income persons and families, including veterans, homeless persons , first responders, and persons with disabilities . The SHOP units must:
- Be sold to homebuyers at below market prices;
- Homebuyers must be low-income and contribute a significant amount of sweat equity towards the development of their SHOP home; and
- SHOP homes must be non-luxury units that comply with state and local codes, ordinances, and zoning requirements, and with all other SHOP requirements.
Applicants must also:
- Propose to use a significant amount of SHOP grant funds in at least two states.
- Use the SHOP grant funds for only land acquisition, infrastructure improvements, and reasonable and necessary planning and administration costs (not to exceed 10 percent).
- The average SHOP expense for the combined cost of land acquisition and infrastructure improvements cannot exceed $25,000 per SHOP unit.
- Applicants must leverage other public and private funds to pay for the construction or rehabilitation costs of every SHOP unit.
- Leveraged funds may also be used for other program costs not covered by SHOP grant funds.
All communications between HUD, SHOP applicants, SHOP awardees, and SHOP beneficiaries must be in English. The application must be received through Grants.gov in English.
This NOFO makes available $24,000,000 ($12,000,000 in FY2025 and $12,000,000 in FY2024) to carry out eligible activities of the SHOP program.
