Community Frameworks Self-Help Homeownership Opportunity Program (SHOP) provides zero-interest, forgivable loans to nonprofit organizations and public agencies sponsoring mutual self-help homeownership programs. SHOP funds may be used for land acquisition or infrastructure development to create affordable housing. SHOP awards are typically $15,000 per lot. Funds may be revolved back to the organization as revolving funds used to support future self-help projects, or may be reconveyed to clients as second mortgages that increase affordability.
Applications from Affiliates or new organizations may be submitted at any time. Applications are then evaluated on the basis of organizational and program capacity, soundness of approach, suitability of the land, construction and mortgage financing identified and structured to complete the project, and the readiness to proceed.
Affiliates may receive assistance from Community Frameworks to fill program planning gaps, financing, or other program and project needs.
HUD Criteria
- Eligible Expenses: Land Acquisistion and Infrastructure Improvements click here...
- Applicant must be a nonprofit or public agency.
- Self-help program must serve clients at or below 80% of Area Median Income.
- Must complete the Community Frameworks Program Information Sheet.
- Must obtain a Community Frameworks SHOP application packet.
- Must be self-help homeownership eligible.
- Must complete the required HUD Certification Form.
- Owner-builder clients must be otherwise unable to purchase a home.
- Program must include at least 100 hours of family labor for a 2-adult household and 50 hours of family labor for a 1-adult.
- Must comply with applicable regulations. click here...
SHOP Affiliate Application (MS Word format)
Return a completed SHOP Affiliate Application and all HUD forms listed below to:
Community Frameworks
Attn: Christina Mejia
409 Pacific Avenue Suite 303
Bremerton, WA 98337
FORMS
- Certification Regarding Department and Suspension HUD-2992 click here...
- Certification for a Drug-Free Workplace HUD-50070 click here...
- Certification of Payments to Influence Federal Transactions HUD-50071 click here...
- Disclosure of Lobbying Activities SF-LLL click here...
- Certification of Consistency with RC/EZ/EC Strategic Plan HUD-2990 (only if project will be located in a Renewal Community, Empowerment Zone, or Enterprise Community) click here...
- Questionnaire for HUD's Initiative on Removal of Regulatory Barriers HUD-27300 (to be completed by the agency Exercising Land Use and Building Regulatory Authority) click here...
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