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New information and approaching deadlines from the DSHA

Recently, the Delaware State Housing Authority (“DSHA”) posted some new information on its 2016 QAP Question and Answer Forum. Here is a brief summary of the information posted: • Liberty Court Apartments, Dover: DSHA has received preliminary approval from HUD to convert the Liberty Court ... read more...

Second round of Downtown Development District grants opens March 1

It was just over a year ago that Gov. Jack Markell announced the creation of the Downtown Development District Grant Program. Last year, the state announced the first 13 projects to receive funding. Now, the governor has announced another 11 projects for 2016 – and there is so much interest in ... read more...

Delaware State Housing Authority (DSHA) announces preliminary rankings for 2015 LIHTCs

Delaware State Housing Authority (DSHA) has just released the 2015 Low-Income Housing Tax Credit (LIHTC) preliminary rankings for the competitive 9% applications. Three projects are preliminarily ranked to receive credits totaling $2,491,923: Our Lady of Grace Apartments on East Chestnut Hill ... read more...

Poor families in Delaware struggle more than national average, study says

If you grow up poor in certain parts of the country, the odds are definitely stacked against you – and unfortunately, those odds are worse in Delaware than in most places. That’s a reality shown in the work of Raj Chetty and Nathaniel Hendren, two Harvard economists whose recent research into ... 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...

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...

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...