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CoreData.nyc

Directory of NYC Housing Programs

Self-Help Homeownership Opportunity Program (SHOP)

The Self-Help Homeownership Opportunity Program (SHOP) awards grant funds to eligible national and regional non-profit organizations and consortia 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 persons and families. SHOP funds must be used for eligible expenses to develop decent, safe and sanitary non-luxury housing for low-income persons and families who otherwise would not become homeowners. Homebuyers must be willing to contribute significant amounts of their own sweat equity toward the construction or rehabilitation of their homes.

Program Information Help Icon

  • Supply/Demand: Supply
  • Category: Land and Financing
  • Scale: Large Scale (between 5,000 and 9,999 units)
  • Timeframe: 1996 - Present
  • Occupancy tenure: Homeownership
  • Construction Type: New Construction, Rehabilitation
  • Developers/Owners: Non-profit, Homeowners
  • Income Restrictions: Low-income
  • Special Populations: First-time Homebuyers

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