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Grant Community.com Catalog of Federal Domestic Assistance Program Descriptions |
CATALOG OF FEDERAL DOMESTIC
ASSISTANCE
14.247: Self-Help Homeownership Opportunity Program
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| PROGRAM AND AWARD | FINANCIAL AND INFORMATION CONTACTS |
| ELIGIBILITY REQUIREMENTS | FINANCIAL AND ADMINISTRATIVE INFO. |
| APPLICATION AND AWARD PROCESS | INFORMATION CONTACTS |
| RELATED PROGRAMS | ASSISTANCE CONSIDERATIONS |
| PROGRAM ACCOMPLISHMENTS | POST ASSISTANCE REQUIREMENTS |
Applicant Eligibility: Funds are made available directly to Habitat for Humanity International under section 11 of the Extension Act. In addition, other nonprofit national or regional organizations or consortia that have experience in providing self-help housing homeownership opportunities may receive funds based upon submission and approval of an expression of interest.
Beneficiary Eligibility: Eligible homebuyers are low-income families who are otherwise unable to afford to purchase a dwelling, and who provide significant amounts of sweat equity or volunteer labor to the development of the dwellings.
Credentials/Documentation: This program is subject to the provisions of 24 CFR part 84 for nonprofit organizations.
Preapplication Coordination: None. This program is excluded from coverage under E.O. 12372.
Application Procedure: Expressions of interest may only be submitted in response to solicitations appearing in the Federal Register. The Federal Register publication details the submission requirements.
Award Procedure: Based upon the requirements published in the Federal Register Notice Of Funds Availability / Request for Expressions of Interest (NOFA/REI); respondents are notified of acceptance or rejection.
Deadlines: As indicated in the Federal Register publication.
Range of Approval/Disapproval Time: From 60 to 90 days.
Appeals: None.
Renewals: Not applicable.
Criteria for Selecting Proposals: Expressions of Interest are reviewed according to the requirements set forth in the NOFA/REI.
Examples of Funded Projects: Not applicable.
Range and Average of Financial Assistance: $300,000 to $25 million; $10 million average.
Federal Agency: COMMUNITY PLANNING AND DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Type of Assistance: Project Grants.
Obligations: (Grants) FY 99 $20,000,000; FY 00 est $20,000,000; and FY 01 est $17,500,000. (NOTE: Amounts reported reflect allocation of new budget authority rather than obligation amounts.)
Budget Account Number: 86-0164-0-1-604.
Authorization: Housing Opportunity Extension Act of 1996, Section 11.
Regulations, Guidelines, and Literature: The statute constitutes the regulations.
Regional or Local Office: None.
Headquarters Office: Office of Affordable Housing Programs, Community Planning and Development, Department of Housing and Urban Development, 451 7th Street, SW., Washington, DC 20410. Phone: (202) 708-3226.
(See Appendix IV for more contact info.)
Formula and Matching Requirements: Leveraging of other public and/or private resources is expected.
Length and Time Phasing of Assistance: Assistance is released on an as needed basis over a period of two years.
Uses and Use Restrictions: The only eligible expenses for program funds are land acquisition and infrastructure improvements which taken together may not exceed an average of $10,000 in assistance per dwelling.
Reports: Annual progress and final close-out reports.
Audits: The audit requirements in 24 CFR part 45 (implementing OMB Circular A-133) apply.
Records: All records applicable to the program must be kept for three years following close-out.
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Last Updated, November, 2000
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