WebSHOP funds are awarded to national and regional nonprofit organizations and consortia to facilitate and encourage innovative homeownership opportunities on a geographically diverse basis through the provision of self-help housing programs. Grant funds may be used for land acquisition, the installation and improvement of infrastructure, and for reasonable … WebFund and Capital Fund Programs (CFP) that directly or indirectly support the operations of the project – Revenue used to support the projects including Operating subsidy, dwelling rents, Capital Fund grants used for operations, and other revenue sources – Expenses to be paid with Operating Subsidy funds such as direct
U.S. Department of Housing and Urban Development awards …
WebNov 4, 2024 · Projects leveraging capital funds from New York City are eligible for up to $100,000 per unit. ... New in 2024: Projects using SHOP funds for ESSHI-eligible seniors can designate a maximum of 10% of the project’s units for this population and must incorporate another ESSHI population to reach the supportive requirement for SHOP funds. WebHousing Assistance Council (HAC) received a SHOP grant award in the amount of $3,200,831 and will leverage $129,672,410. HAC is a national non-profit, self-help housing … happy atticus mapel
Self-Help Homeownership Opportunity Program (SHOP)
WebGrant funds must be expended within 24 months of the date that the SHOP funds are first made available for drawdown in the grantee’s line of credit established by HUD, except that grant funds provided to affiliates that develop five or more SHOP units must be expended within 36 months. III. Eligibility Information A. Eligible Applicants 1. Web1 day ago · The money will fund another phase of the overhaul of the former Perkins Homes public housing site north of Harbor East. ... The funds will be added to a previous $30 million grant from HUD in 2024 ... happy at the beach