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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...

Delaware State Housing Authority (DSHA) Low Income Housing Tax Credits (LIHTC) Web Based Online Application

The Delaware State Housing Authority (DSHA) web based online application for Low Income Housing Tax Credits (LIHTC) is available here.  As you know, when completing the application, you should reference the approved 2014 Qualified Allocation Plan (QAP) which provides the framework for the ... read more...

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...

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...

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...

2012 Delaware State Housing Authority Low Income Housing Tax Credit (LIHTC) Applications Received

The Delaware State Housing Authority (DSHA) received eight applications for 2012 Low Income Housing Tax Credits (LIHTC) in response to the 2012 Qualified Allocation Plan (QAP) for a total request of $4,160,226 LIHTC.  It could be said that this is the year of the new construction project.  Of ... read more...

Delaware’s 2012 Qualified Allocation Plan (QAP) – Clarifications by the Delaware State Housing Authority (DSHA)

In response to questions by developers, the Delaware State Housing Authority (DSHA) provided some clarifications to its 2012 Qualified Allocation Plan (QAP) for Delaware’s annual allocation of low income housing tax credits (LIHTC). Pool Limit – A tax credit application should not request more ... read more...

Housing Credit Percentage Reverting Back to Floating Federal Rate

Many of you are already aware, the applicable housing credit percentage will revert back to the floating federal rate for tax credit developments that do not place in service by December 30, 2013. The Delaware State Housing Authority’s (DSHA’s) low income housing tax credit (LIHTC) ... read more...

Delaware State Housing Authority (DSHA) Final 2011 Low Income Housing Tax Credit (LIHTC) Rankings

The Delaware State Housing Authority (DSHA) released its final 2011 Low Income Housing Tax Credit (LIHTC) rankings from the 2011 Qualified Allocation Plan (QAP).  You can see them here: 2011 LIHTC Rankings Dec 2011.  With one project returning its Low Income Housing Tax Credits (LIHTC), the ... read more...

Delaware State Housing Authority (DSHA) 2012 Qualified Allocation Plan (QAP) Presented to the Public

This past Monday, the Delaware State Housing Authority (DSHA) presented its draft 2012 Qualified Allocation Plan for the Low Income Housing Tax Credit (LIHTC) application to the public and received comments.  Overall, the meeting went very well and the tenor of the meetings and comments were ... read more...
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