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
01/23/2013
. 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
or electronic document shall be resolved by giving precedence to the
printed document.
Description of Modification
Correction on synopsis page only.
Document Type:
Modification to Previous
Grants Notice
Funding Opportunity Number:
FR-5700-N-11
Opportunity Category:
Discretionary
Posted Date:
Jan 23, 2013
Creation Date:
May 21, 2013
Original Closing Date for Applications:
Jul 15, 2013
Today’s posting provides information and instructions for applying for FY2013 SHOP Grant funds. The available amount of SHOP Grant funds is subject to enactment of the final HUD appropriations bill for FY2013. Because FY2013 funds have not been appropriated for this program, the availability of any such funding is contingent upon future Congressional action. After the FY13 budget passes, HUD will issue a technical correction that will update and finalize the application deadline and total funds available. This technical correction may also extend the SHOP NOFA application deadline date, so that applicants have a minimum of ninety days after this SHOP NOFA publication date and sixty days after the technical correction publication date to submit their applications. If the program is not funded, this Notice will be withdrawn.
Current Closing Date for Applications:
Jul 15, 2013
Today’s modification clarifies the synopsis page, to include the Estimated Total Program funding of $12,793,869 in Fiscal Year 2013 SHOP Grant funds, the due date remains July 15, 2013.
Archive Date:
Funding Instrument Type:
Grant
Category of Funding Activity:
Housing
Category Explanation:
Expected Number of Awards:
Estimated Total Program Funding:
$12,793,869
Award Ceiling:
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:
An applicant must be a public or private non-profit organization, or a consortium of public or private non-profit organizations, that has the capacity and experience to provide or facilitate self-help homeownership housing opportunities on a national or regional basis. Individuals and local non-profit organizations are not eligible applicants and cannot apply for funding under this competitive SHOP NOFA.
Agency Name
Department of Housing and Urban Development
Description
SHOP Grant funds are awarded to national and regional non-profit organizations and consortia to facilitate and encourage innovative homeownership opportunities on a national, geographically diverse basis through the provision of self-help homeownership housing programs. SHOP Grantees must use a significant amount of SHOP Grant funds in at least two states. SHOP Grant funds must be used for land acquisition, infrastructure improvements, and for reasonable and necessary planning, administration and management costs (not to exceed 20 percent). The construction or rehabilitation costs of each SHOP unit must be funded with other leveraged public and private funds. The average SHOP Grant expenditure for the combined costs of land acquisition and infrastructure improvements must not exceed $15,000 per SHOP unit. Eligible low-income homebuyers must contribute a significant amount of sweat equity towards the development of the SHOP units. Volunteer labor is also required. Assisted units must be decent, safe, and sanitary non-luxury dwellings that comply with state and local codes, ordinances, and zoning requirements, and with the SHOP requirements (including requirements for energy-efficiency and water conservation). The SHOP units must be sold to homebuyers at prices below the prevailing market price. A homebuyer’s sweat equity contribution must not be mortgaged or otherwise restricted upon future sale of the SHOP unit. SHOP Grantees may award SHOP Grant funds to local non-profit affiliate organizations to carry out the Grantee’s SHOP program. These affiliate organizations must be located within the Grantee’s service area.
If you have difficulty accessing the full announcement
electronically, please contact:
Questions regarding specific program requirements should be directed to Ms. Ginger Macomber, SHOP Program Manager at (202) 402-4605 (this is not a toll-free number).
Contact via Phone
Synopsis Modification History
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.