Housing Development Fund

This program is designed to provide financing for developers and homeowners through sponsoring agencies. Types of developments that will be considered include, but are not limited to, the acquisition and/or rehabilitation of existing housing, the adaptive reuse of nonresidential buildings, and new construction. Both rental and for-sale housing will be considered.

The Housing Development Fund is available statewide to both nonprofit and for-profit developers for low- and moderate-income housing in Delaware.

Related:
Where can I find cost certification guidelines?

HOME Investment Partnerships (HOME)

This federal program is offered statewide by DSHA and provides financial assistance to affordable housing providers, often in conjunction with Housing Development Fund financing. Nonprofit and for-profit developers and other housing agencies may apply for HOME financial assistance for acquisition, demolition, new construction, reconstruction, conversion or rehabilitation of single- or multi-family housing and transitional/group housing.

Low Income Housing Tax Credits (LIHTC)

This statewide program provides a direct federal income tax credit to qualified owners and investors to build, acquire or rehabilitate rental housing units to rent to working low-income Delawareans. It allows both corporate and private investors to receive a fair return on their investment in affordable housing. The equity raised through the tax credit investment makes it possible for developers to attract the financing needed to create or restore low-income rental housing.

Related:
Where can I review the most current QAP?
Where can I find the most recent tax credit allocation list?

Multi-Family Mortgage Revenue Bond Program (MFMRB)

This statewide program permits DSHA, through the issuance of tax-exempt mortgage revenue bonds to finance the acquisition, new construction or substantial rehabilitation of apartment complexes which are available for rent to low-income individuals and families. It allows both corporate and private investors to receive a fair return on their investment in affordable housing. The program allows individuals, as well as limited partnerships who own rental housing for low-income families, to utilize the credit.

Bond financing requests are considered on a case by case basis. Tax exempt issues are limited by the size of the state's allocation of tax exempt bond authority.

Housing Development Fund

This program is designed to provide financing for developers and homeowners through sponsoring agencies. Types of developments that will be considered include, but are not limited to, the acquisition and/or rehabilitation of existing housing, the adaptive reuse of nonresidential buildings, and new construction. Both rental and for-sale housing will be considered.

The Housing Development Fund is available statewide to both nonprofit and for-profit developers for low- and moderate-income housing in Delaware.

Related:
Where can I find cost certification guidelines?

HOME Investment Partnerships (HOME)

This federal program is offered statewide by DSHA and provides financial assistance to affordable housing providers, often in conjunction with Housing Development Fund financing. Nonprofit and for-profit developers and other housing agencies may apply for HOME financial assistance for acquisition, demolition, new construction, reconstruction, conversion or rehabilitation of single- or multi-family housing and transitional/group housing.

Internet Property Management Training

DSHA along with MITAS are excited to provide you with online training with our new Internet Property Management software. These training videos contain instructions to familiarize you with the fundamental skills needed to use the MITAS Internet Property Management software.