Affordable Housing Programs

Information by State  Esta página en español  Print version   What's New HOME FACTS Vol. 1, No. 3 : September, 2008 This issue of HOME FACTS explains how to use the Integrated Disbursement and Information System (IDIS) PR 27 Status of HOME Grants report to compute a participating jurisdiction’s (PJ’s) commitment requirement and total commitments; CHDO reservation requirement and total CHDO reservations; and expenditure requirement and total expenditures for the HOME Program. 2008 HOME Rent and Income Limits Published Effective: April 12, 2008> Rent Limits | Income Limits | HOME Program 2006 SuperNOFA HUD Publishes Fiscal Year 2006 Funding Notice Making $2.2 Billion Available Through 39 Individual Programs SHOP Program Grants | Technical Assistance Grants | SuperNOFA for CPD Programs | Press Release | Funds Available | Grants.gov Technical Assistance Webcast March 30, 2006   Without Captions   With Captions   Slides

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.