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Affordable Housing Programs

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What's New

Super Notice of Funding Availability
(The Deadline for 2004 has Passed)
 -   Self-help Homeownership Opportunity Program (SHOP)
- Webcast | With Captions | En Español
 -   Community Development Technical Assistance
- Webcast | With Captions | En Español


There are three affordable housing programs within the office of Community Planning and Development. They are the HOME Program, SHOP and HOZ.

HOME program

The HOME program helps to expand the supply of decent, affordable housing for low and very low- income families by providing grants to States and local governments called participating jurisdictions or "PJs". PJs use their HOME grants to fund housing programs which meet local needs and priorities. PJs have a great deal of flexibility in designing their local HOME programs within the guidelines established by the HOME program statute and Final Rule. PJs may use HOME funds to help renters, new homebuyers or existing homeowners.

SHOP

SHOP provides funds for non-profit organizations to purchase home sites and develop or improve the infrastructure needed to set the stage for sweat equity and volunteer-based homeownership programs for low-income families. SHOP is authorized by the Housing Opportunity Program Extension Act of 1996 as ammended, Section 11, and is subject to other Federal crosscutting requirements. National and regional nonprofit organizations or consortia with experience in using volunteer labor to build housing may apply. This is a competitively based program funded through the NOFA.

HOZ

The Homeownership Zone program allows communities to reclaim vacant and blighted properties, increase homeownership, and promote economic revitalization by creating entire neighborhoods of new, single-family homes, called Homeownership Zones. Communities that apply for HOZ funds are encouraged to use New Urbanist design principles by providing for a pedestrian-friendly environment, a mix of incomes and compatible uses, defined neighborhood boundaries and access to jobs and mass transit. There have been two competitive funding rounds, one in federal fiscal year 1996 (FY 96) and one in federal fiscal year 1997 (FY 97). No further funding has yet been made available for this program.

 
Content updated June 23, 2004   Follow this link to go  Back to top   
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