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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...

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...

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...

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...

The Delaware Supreme Court Protects Public Housing Tenants’ Right to Possess Firearms for Self Defense in Common Areas

This blog is mainly committed to discussing topics impacting the Affordable Housing Industry.  I am not looking to start a Second Amendment discussion on this blog.  However, I cannot ignore the recent Delaware Supreme Court decision ruling the actions and rules by the Wilmington Housing ... read more...

Affordable Housing Discussed on Comcast’s Newsmakers for Delaware

David Layfield, Principal of Green Street Housing and Board Member of the Council for Affordable and Rural Housing (CARH) appeared on Comcast’s Newsmakers for Delaware and discussed the benefits and importance of the Low Income Housing Tax Credit (LIHTC) Program administered locally by ... read more...

Art Auction Fundraising Event for New Castle County’s Habitat for Humanity Courtesy of Dick and Elisa Poole

Habitat for Humanity of New Castle County will be hosting an art auction fundraising event this Friday at the University of Delaware’s Arsht Hall in Wilmington, Delaware thanks to Dick and Elisa Poole generously donating over 100 pieces of original art valued over $100,000.  While the art ... read more...

Energy Audit Clarification for 2014 Delaware State Housing Authority (DSHA) Qualified Allocation Plan (QAP)

In response to questions about the required certification for an energy auditor under the 2014 Qualified Allocation Plan (QAP), the Delaware State Housing Authority (DSHA) released a statement allowing a certification by RESNET (Residential Energy Services Network) in addition to the Building ... read more...

President Obama’s Proposed FY 2015 Budget Includes $46.7 Billion for Department of Housing and Urban Development (HUD) Programs

President Obama’s Proposed FY 2015 Budget includes significant and needed funds for the Department of Housing and Urban Development (HUD) Programs.  While, once again, the HOME Investment Partnerships (HOME) program and Community Development Block Grant (CDBG) programs take hits, other ... read more...

Delaware State Housing Authority (DSHA) Increases Housing Development Funds (HDF) available for 4% Low Income Housing Tax Credit (LIHTC) Developments

The Delaware State Housing Authority (DSHA) increased the Housing Development Funds (HDF) available for 4% Low Income Housing Tax Credit (LIHTC) developments from $5 million to $8 million.  The Housing Development Fund (HDF) is a State loan fund that provides gap financing for affordable ... read more...