Delaware State Housing Authority opened the 2016 Housing Development Fund (HDF) Annual Funding Round. Completed applications are due to appdocs@destatehousing.com by 4 p.m. on June 15, 2016. Applicants who submit Proposal applications that DSHA deems successful will be invited to submit a Final application that will be due to DSHA by August 19, 2016.
The purpose of the Housing Development Fund (HDF) is to provide affordable, decent, safe and sanitary housing to responsible very low-, low- and moderate- income households.
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.
Click here for HDF Program Guidelines for Non-Low Income Housing Tax Credit (LIHTC) HDF Loans.
