The synopsis for this grant opportunity is detailed below, following
this paragraph. This synopsis contains all of the updates to this
document that have been posted as of
05/04/2008
. If
updates have been made to the opportunity synopsis, update information
is provided below the synopsis.
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opportunity click
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Any inconsistency between the original printed document and the disk
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Description of Modification
TECHNICAL CORRECTION PUBLISHED IN THE FEDERAL REGISTER AND IS POSTED IN THE INSTRUCTIONS DOWNLOAD.
Document Type:
Modification to Previous
Grants Notice
Funding Opportunity Number:
FR-5200-N-23
Opportunity Category:
Discretionary
Posted Date:
May 04, 2008
Creation Date:
Jun 12, 2008
Original Closing Date for Applications:
Jul 11, 2008
Current Closing Date for Applications:
Jul 18, 2008
Archive Date:
Jul 19, 2008
Funding Instrument Type:
Grant
Category of Funding Activity:
Community Development
Housing
Category Explanation:
TECHNICAL CORRECTION PUBLISHED IN THE FEDERAL REGISTER AND IS POSTED IN THE INSTRUCTIONS DOWNLOAD.
Expected Number of Awards:
Estimated Total Program Funding:
Award Ceiling:
$26,500,000
Award Floor:
CFDA Number(s):
14.247
--
Self-Help Homeownership Opportunity Program
Cost Sharing or Matching Requirement:
No
Eligible Applicants
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility:
You must be a national or regional nonprofit public or private organization or consortium that has the capacity and experience to provide or facilitate self-help housing homeownership opportunities. Your organization or consortium must undertake eligible SHOP activities directly and/or provide funding assistance to your local affiliates to carry out SHOP activities. You must propose in your application to use a significant amount of SHOP funds in at least two states. Affiliates must be located within the regional organization’s or consortium’s service area.
Agency Name
Department of Housing and Urban Development
Description
SHOP funds are to be used to facilitate and encourage innovative homeownership opportunities on a national geographically diverse basis through self-help housing programs that require significant sweat-equity by the homebuyer toward the construction or rehabilitation of the dwelling. SHOP programs are administered by national and regional nonprofit organizations and consortia. Units developed with SHOP funds must be decent, safe, and sanitary non-luxury dwellings and must be made available to eligible homebuyers at prices below the prevailing market prices. Eligible homebuyers are low-income individuals and families (i.e., those whose annual incomes do not exceed 80 percent of the median income for the area, as established by HUD) who would otherwise be unable to purchase a dwelling but for the provision of sweat equity. Housing assisted under this Notice of Funding Availability (NOFA) must involve labor contributed by homebuyers and volunteers in the construction of dwellings and other activities that involve the community in the project.
The following files represent the modifications to this synopsis
with the changes noted within the documents. The list of files is
arranged from newest to oldest with the newest file representing the
current synopsis. Changed sections from the previous document are shown
in a light grey background.
