how the self help homeownership opportunity program works

Hi Spade,

SHOP or Self-Help Homeownership Opportunity Program is a grant program run by HUD which provides funds to regional & national non-profit organizations. These organizations assist low income families in building their own homes using a sweat-equity (or self-help) program.

Families which receive assistance under this program are required to invest at least hundred hours of work towards building their own home or homes for others.

David

Some other details about this program -

Funds provided by HUD to organizations can be used only for paying land & infrastructure costs which are related to building the homes.

Such funds when utilized should result in 1 home for every $15,000 awarded to a non-profit organization.

You can read other details about Self-help Homeownership Opportunity Program from here - http://www.hud.gov/offices/cpd/affordablehousing/programs/shop/

which organizations currently provide this program?

Hi Ansley,

Welcome to Mortgagefit discussion board.

The following national and regional non-profit organizations at present are grantees for HUD's SHOP program:

• ACORN Housing Corporation ( http://www.acorn.org/ )
  Telephone: (312) 939-1611



• Community Frameworks ( http://www.communityframeworks.org )
  Telephone: (360) 377-7738



• Habitat for Humanity International( http://www.habitat.org/ )
  Telephone: (229) 924-6935 x2408



• Housing Assistance Council ( http://www.ruralhome.org/ )
  Telephone: (202) 842-8600



• PPEP Microbusiness and Housing Development Corporation ( http://www.ppep.org/main.html )
  Telephone: (520) 889-4203 x2003

Do let me know if you have any other questions.

Thanks
Blue