Delaware

Delaware Governor Jack Markell earlier this week signed into law Senate Bill No. 209, which authorizes a ten year extension of the state’s Historic Preservation Tax Credit program.

The Delaware State Housing Authority (DSHA) announced this week that it will offer approximately $2.5 million in federal housing tax credits to affordable rental developers. Applications will be accepted until April 9, 2010.

The Delaware State Housing Authority has released an updated version of the Housing Development Fund (HDF) supplement application for interested developers when applying for 2010 low-income housing tax credits.

The Delaware State Housing Authority (DSHA) recently announced that Governor Markell has signed the 2010 Low-Income Housing Tax Credit (LIHTC) Qualified Allocation Plan (QAP) effective January 8, 2010.

The Delaware State Housing Authority has released its 2010 low-income housing tax credit program funding round documentation.

The Obama Administration recently continued naming individuals who will serve as State Director for Rural Development at the USDA.

The U.S. Treasury Department recently announced over $90 million in funding awards to five states through the Section 1602 Exchange Program created by the American Recovery and Reinvestment Act (ARRA).

The Delaware State Housing Authority recently released separate guidance for the low-income housing tax credit assistance (TCAP) and tax credit exchange programs, each established by the American Recovery and Reinvestment Act (ARRA).

NH&RA will continue to update the ARRA resource page below as information is made available.

The Delaware State Housing Authority has issued a notice of guidance related to the housing stimulus provisions contained in HR 1: The American Recovery and Reinvestment Act.