The Department of Housing and Urban Development's mission is to increase homeownership, support community development and increase access to affordable housing free from discrimination. HUD fulfills this mission through high ethical standards, management and accountability, and by forming partnerships with community organizations.
Fiscal Year 2016: 539 units. Fiscal Year 2017: FY 2017 SHOP NOFA will be published in the third quarter of FY2017. Fiscal Year 2018: No Current Data Available
Uses and Use Restrictions
Eligible expenses for program funds are land acquisition and infrastructure improvements, which taken together may not exceed an average of $15,000 in assistance per SHOP units.
Additionally, up to 20 percent of the grant amount may be used for related planning, administrative and management costs.
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.
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.
Proof of nonprofit status is required. 2 CFR 200, Subpart E - Cost Principles applies to this program.
Aplication and Award Process
Preapplication coordination is not applicable.
Environmental impact information is not required for this program.
This program is excluded from coverage under E.O.
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. Application Procedure: Applications may be submitted electronically in response to the annual publication of the SHOP NOFA in grants.gov. The General Section of the NOFA and SHOP NOFA detail the submission requirements.
Based upon the requirements published in the NOFA, respondents are notified of acceptance or rejection.
Contact the headquarters or regional office, as appropriate, for application deadlines.
Housing Opportunity Program Extension Act of 1996, Public Law 104-120 Section 11, as amended.
Range of Approval/Disapproval Time
From 60 to 90 days.
Formula and Matching Requirements
This program has no statutory formula. Matching Requirements: Leveraging of other public and/or private resources and volunteer labor are required to complete housing construction. This program does not have MOE requirements.
Length and Time Phasing of Assistance
Assistance is released on an as-needed basis over a 24-month period for affiliates that develop 5 or more dwellings units, up to a 36-month period. See the following for information on how assistance is awarded/released: Assistance is released on an as-needed basis.
Post Assistance Requirements
Quarterly and annual progress reports on construction and expenditures; as well as, final close-out reports.
Quarterly and annual reports on construction and expenditure.
Quarterly and annual reports on construction and expenditure progress Grantees must monitor each consortium member and affiliate at least once during the grant term.
Quarterly and annual progress reports.
No performance monitoring is required.
In accordance with the provisions of 2 CFR 200, Subpart F - Audit Requirements, non-Federal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Non-Federal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503.
All records applicable to the program must be kept for three years following close-out.
(Project Grants) FY 16 $10,000,000; FY 17 est $10,000,000; and FY 18 est $0
Range and Average of Financial Assistance
Four grants were awarded with FY 2014 & 2015 funds. They ranged from $562,500 to $6,211,368. The average grant was $1,693,342.
Regulations, Guidelines, and Literature
The SHOP statute and SHOP NOFA establish the SHOP program requirements.
Regional or Local Office
Thann Young 451 7Th Street SW, Washington, District of Columbia 20410 Email: Thann.email@example.com Phone: 202-402-4464
Criteria for Selecting Proposals
Applications are reviewed according to the rating factor requirements set forth in the SHOP NOFA.
The United Nations Framework Convention on Climate Change is setting up its new Green Climate Fund to “provide support to developing countries to limit or reduce greenhouse gas emissions.”