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Affordable housing programs help families – and pay for themselves, studies say

New studies show the positive long-term effects of government programs that support low-income families by providing affordable housing. That is not a surprise to those of us who have worked within the field for years. But here’s an added bonus – those same studies suggest these programs pay ... read more...

DSHA receives 10 applications for 2015 LIHTC program

The Delaware State Housing Authority (DSHA) received 10 applications for DSHA’s 2015 Low-Income Housing Tax Credit program this year, requesting over $6.1 million in tax credits. Of those 10 applications, only two are seeking non-competitive 4% Low Income Housing Tax Credits (LIHTC) and eight ... read more...

DSHA releases draft plan for next five years of housing needs

Looking for a snapshot of what Delaware housing market will look like over the next five years? You can find one inside the Delaware Housing Needs Assessment, 2015-2020, part of the proposed Delaware State Housing Authority Consolidated Plan. The Consolidated Plan, issued every five years, ... read more...

April is Fair Housing Month. Here’s why you should care.

April is Fair Housing Month. So join me, for a moment, as we use this excuse to help raise some awareness about fair housing. April is an opportunity for all of us within the affordable housing industry to step back, take stock and share some statistics and stories with people outside the ... read more...

Strong Neighborhoods Housing Fund will strengthen communities throughout Delaware

Strong neighborhoods are built on solid foundations and residents who take pride in their community. That’s why we’re seeing a push from Gov. Jack Markell, the general assembly and local business and civic leaders to support residents inside the city cores in Delaware, as part of the Downtown ... read more...

Tiberi-Neal bill can and should create permanent credit floor for LIHTCs

Almost a month since it was introduced, my eyes continue to be on H.R. 1142, the bill introduced by Congressmen Pat Tiberi (R-OH) and Richard Neal (D-MA) that will, if passed, create a permanent credit floor in both 9% and 4% LIHTC programs. The bill currently has 19 additional co-sponsors, ... read more...

New Samuel Chase Apartments in Maryland show how Low Income Housing Tax Credits can rehabilitate community

If you want to see an excellent example of what can be accomplished with tax credits from the Low Income Housing Tax Credit (LIHTC) program, look just south of Delaware to Princess Anne, Maryland, where LIHTCs are being used to renovate and rehabilitate a 60-unit community. I was proud to work ... read more...

The Delaware State Housing Authority (DSHA) Received Nine Low Income Housing Tax Credit (LIHTC) Applications under the 2014 Qualified Allocation Plan (QAP)

The Delaware State Housing Authority (DSHA) received nine (9) Low Income Housing Tax Credit (LIHTC) applications under the 2014 Qualified Allocation Plan (QAP) approved by Governor Jack Markell.  Of the nine (9) applications, three (3) of them are seeking non-competitive 4% Low Income Housing ... read more...

Note for 2014 Delaware Low Income Housing Tax Credit (LIHTC) Applications also Seeking Housing Development Fund (HDF) Financing

The Delaware State Housing Authority (DSHA) sent out an e-mail requesting those Low Income Housing Tax Credit (LIHTC) Applicants for either 4% or 9% tax credits also seeking Housing Development Fund (HDF) financing to submit a request as soon as possible to the Delaware State Housing Authority ... read more...

2014 Low Income Housing Tax Credit Application Deadline for Delaware Approaching

Per the Qualified Allocation Plan (QAP) adopted by Governor Jack Markell, the 2014 Low Income Housing Tax Credit Application (LIHTC) deadline is quickly approaching for Delaware.  I thought this may be a good time to post a reminder.  Applications are due on or before April 30, 2014 at 3:00 PM ... read more...