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2014 Delaware Low Income Housing Tax Credit (LIHTC) Qualified Allocation Plan Approved

The 2014 State of Delaware Low Income Housing Tax Credit (LIHTC) Qualified Application Plan (QAP) was approved this week.  Delaware’s QAP details the guidelines and application process for affordable housing developers seeking Low Income Housing Tax Credits.  The Delaware State Housing ... read more...

USDA Rural Development (RD) – Rental Assistance (RA) Update

People have been talking for a long while now about the impact of Sequestration on everything from the Federal court system, to air control terminals, trains and affordable housing rent subsidies – and just about everything else.  With respect to the financial year 2013 and potentially ... read more...

2013 Delaware Qualified Allocation Plan (QAP) Final and Approved by Governor Jack Markell

The 2013 Delaware Qualified Allocation Plan (QAP) is now final and approved by Governor Jack Markell.  The QAP provides the process for applying for Federal Low Income Housing Tax Credits (LIHTC).  Low Income Housing Tax Credits (LIHTC’s) are a vital tool in financing quality affordable ... read more...

Delaware State Housing Authority (DSHA) will hold its 2013 Low Income Housing Tax Credit (LIHTC) Qualified Allocation Plan (QAP) Public Hearing December 14, 2012

On December 14, 2012 from 9:30 AM – 11:00 AM, the Delaware State Housing Authority (DSHA) will hold its 2013 Low Income Housing Tax Credit (LIHTC) Qualified Allocation Plan (QAP) public hearing at the Department of Natural Resources & Environmental Control’s (DNREC) Auditorium ... read more...

Hurricane Sandy and Low Income Housing Tax Credit (LIHTC) Properties

The Internal Revenue Service (IRS) and the Department of Treasury will be waiving the low-income and non-transient requirements for Low Income Housing Tax Credit (LIHTC) Properties providing temporary housing to disaster victims rendered homeless by Hurricane Sandy in certain counties.  Without ... read more...

Delaware Governor’s Conference on Housing to take place Thursday, October 11

The Delaware State Housing Authority (DSHA) annouced registration is open for the Governor’s Conference on Housing.  Among other speakers from across the region, the keynote speaker will be the Secretary of the Department of Housing and Urban Development (HUD) – Shaun Donovan ... read more...

Trolley Square Apartments Available at Lincoln Towers for Qualifying Seniors

Lincoln Towers, located in Trolley Sqaure in Wilmington, Delaware, is seeking applications for apartments from qualifying seniors.  Lincoln Towers is a newly constructed affordable housing community with one and two bedroom apartments in Wilmington’s exclusive Trolley Square neighborhood ... read more...

Delaware State Housing Authority (DSHA) Annouces Preliminary Rankings for 2012 Low Income Housing Tax Credits

The Delaware State Housing Authority (DSHA) announced preliminary rankings for the 2012 Low Income Housing Tax Credit (LIHTC) round in response to its Qualified Allocation Plan (QAP).  The low income housing tax credits are an essential tool in providing quality affordable housing opportunities ... read more...

Delaware State Housing Authority (DSHA) Launches New Loan Program for United States Military Veterans

The Delaware State Housing Authority (DSHA) announced the launch of its new “Loans for Heroes” program, an important affordable housing product that will provide qualified U.S. veterans with mortgage financing through participating lenders. Any qualified U.S. military veteran who obtains ... read more...

Qualified Census Tracts (QCTs) for 2013 for the purpose of the Low-Income Housing Tax Credit (LIHTC)

On April 24, 2012 The U.S. Department of Housing and Urban Development (HUD) designated qualified census tracts (QCTs) for 2013 for the purpose of the low-income housing tax credit (LIHTC) under the Section 42 of the Internal Revenue Code (IRC). The LIHTC is a tax incentive intended to increase ... read more...