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Delaware’s 2019 Low-Income Housing Tax Credit Awards

The 9% Low-Income Housing Tax Credit (LIHTC) Application results are in. The Delaware State Housing Authority (DSHA) chose to award only three of the five applicants for total requests of $3,000,000. All three projects were under the Family distinction. They are: (1) Pennrose, LLC on behalf of ... read more...

Summary of 2019 Low-Income Housing Tax Credit Applications

The Delaware State Housing Authority (DSHA) received five applications for the 9% 2019 Low-Income Housing Tax Credits (LIHTC) for a total request of $4,477,667 LIHTC.  All of these projects are applying under the Family dwelling category. Two non-profit applications (one of which is a New ... read more...

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...

Preliminary Reservation Awards for 2018 Low Income Tax Credits posted on Delaware State Housing Authority website

The Preliminary Reservation Awards for the 2018 Low Income Tax Credits (LIHTC) were posted on the Delaware State Housing Authority (DSHA) website. As predicted, being one of the fewer than average applicants this year paid off, with every applicant for 2018 Low Income Housing Tax Credits having ... read more...

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...

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...