On December 3, the Delaware State Housing Authority (DSHA) issued the first of three tax-exempt multi-family bonds for the 4% LIHTC that DSHA plans to issue in December 2014. By issuing the bond, DSHA was able to generate $201,000 in LIHTC that generated an additional $2 million in LIHTC equity. This, combined with other financing, will allow the developer to complete nearly $5.6 million in renovations to Jefferson Estates, a 39-unit family site in Lewes.