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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...

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...

Delaware Healthy Homes Summit Tomorrow (March 12)

The Johns Hopkins School of Public Health and the Delaware Division of Public Health’s Office of Healthy Environments are hosting the Delaware Healthy Homes Summit tomorrow (Wednesday, March 12) to focus on children’s health and indoor environment.  Speakers will include ... 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...

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...

Rural Development’s Section 538 Program and Obama’s New Budget Proposal

The U.S. Department of Agriculture (USDA) Rural Housing Service (RHS) is planning to meet regarding Section 538 program. Section 538 program is to designed to promote commercial financing of rural affordable housing for low and moderate income people. Through the 538 program, the USDA ... read more...

Senate Appropriations Committee Approved Spending Bill FY 2013

On April 19, the Senate Appropriations Committee approved its version of the FY 2013 spending bill (S. 2322) for the Department of Housing and Urban Development (HUD) and on April 26th approved the FY 2013 spending bill (S.2375) for the Department of Agriculture (USDA), which includes funding ... read more...

Appropriations Minibus Bill Passed in Senate

By a vote of 69 to 30, the United States Senate passed the appropriations minibus bill, H.R. 2112, which contains the FY2012 spending bills for Agriculture, Commerce-Justice-Science (CJS), and Transportation, and Housing and Urban Development (T-HUD).  The bill includes significant cuts to the ... read more...