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HUD Accuses Facebook of Perpetuating Housing Discrimination

“Discrimination in housing-related advertising is against the law” said Paul Compton, general counsel for The Department of Housing and Urban Development. This sentiment was further stated by HUD Secretary Ben Carson who made clear that using a computer to limit a person’s housing choices based ... read more...

Delaware State Housing Authority Releases 2019 Qualified Allocation Plan (QAP) Deadline Reminders

It’s that time of the year. The Delaware State Housing Authority (DSHA) has released QAP application deadlines for the Low Income Housing Tax Credit (LIHTC) 2019 round. Important due dates are as follows: February 15, 2019: deadline to apply to Delaware Transit Corporation for Draft ... read more...

Uncertainty Looms for Low-Income Tenants

With the Department of Housing & Urban Development (HUD) shutdown, the 70% rent subsidy for low-income tenants is not being paid to private building owners. The Washington Post reported that HUD is suggesting to landlords that they should draw on their reserves to make up shortfalls. ... read more...

Failure To Reach Continuing Resolution Causes shutdown and Procedure Changes for The Department of Housing and Urban Development

Whether funding for a future border wall is approved or not, the current shutdown of affordable housing programs: Rural Development (RD), the Department of Housing and Urban Development (HUD), and the Department of Treasury, means limited inquiries and effectively prevents any loan/grant ... read more...

The Delaware State Housing Authority (DSHA) Releases the 2010 Qualified Allocation Plan (QAP) Rankings

I will write more later, but find attached the 2010 QAP Rankings just released by the Delaware State Housing Authority (DSHA). Six applications are being funded at this time.  The rankings show the allocation of IRS Low Income Housing Tax Credits (LIHTC). 2010_Delaware QAP Ranking_list read more...

The Basics on Low Income Housing Tax Credits

I am adding this post for insomniacs who accidentally ended up here and kept reading or my family who are trying to decipher what I do. I found two excellent basic pages that explain the Low Income Housing Tax Credit process and economics simpler than I have ever managed when trying to explain ... read more...