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2012-2013 Delaware Affordable Housing Services Directory

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DSHA AFFORDABLE HOUSING ASSISTANCE PROGRAMS<br />

2014-2015 <strong>Delaware</strong> <strong>Affordable</strong> <strong>Housing</strong> <strong>Services</strong> <strong>Directory</strong><br />

<strong>Affordable</strong> <strong>Housing</strong> Development Programs<br />

<strong>Housing</strong> Development<br />

Fund (HDF)<br />

HOME Investment<br />

Partnerships<br />

Program<br />

DSHA’s primary financing resource for supporting the development<br />

of affordable housing statewide. Funding sources for the HDF<br />

include State General Assembly appropriations, document<br />

recording surcharges, loan repayments and interest income. Priority<br />

is given to applicants who leverage HDF funds with other sources<br />

of funding.<br />

Funded annually by the U.S. Department of <strong>Housing</strong> and Urban<br />

Development, the HOME Program provides loans and grants to<br />

developers and nonprofit agencies for acquisition, demolition, new<br />

construction, reconstruction, conversion or rehabilitation of singleor<br />

multi-family housing and transitional/group housing. Applicants<br />

must meet federal eligibility criteria. Program is available statewide.<br />

CONTACT:<br />

Public Information<br />

Office<br />

(888) 363-8808<br />

CONTACT:<br />

Public Information<br />

Office<br />

(888) 363-8808<br />

Low Income <strong>Housing</strong><br />

Tax Credit Program<br />

(LIHTC)<br />

Neighborhood<br />

Assistance Act Tax<br />

Credit Program (NAA)<br />

The LIHTC Program provides a direct federal income tax credit to<br />

qualified owners and investors who build, acquire or rehabilitate rental<br />

housing units for working, low-income <strong>Delaware</strong>ans. DSHA administers<br />

the program statewide. Lower than market-rate rents are offered at<br />

numerous tax credit sites throughout <strong>Delaware</strong>.<br />

Other DSHA Programs<br />

Program gives state income tax credits to tax-paying businesses and<br />

individuals in exchange for their donations to eligible nonprofit entities<br />

serving impoverished neighborhoods or serving low- and moderateincome<br />

families. Tax credits are equal to 50 percent of the investment<br />

up to a maximum of $100,000 in tax credits.<br />

CONTACT:<br />

Public Information<br />

Office<br />

(888) 363-8808<br />

CONTACT:<br />

Public Information<br />

Office<br />

(888) 363-8808<br />

Community<br />

Development Block<br />

Grant Program<br />

(CDBG)<br />

Emergency Solutions<br />

Grants Program<br />

(ESGP)<br />

Funded annually by the U.S. Department of <strong>Housing</strong> and Urban Development,<br />

the CDBG Program provides allocations to communities in<br />

Kent and Sussex Counties to help finance a variety of activities designed<br />

to improve housing conditions and public infrastructure in support<br />

of housing development serving low- and moderate-income<br />

residents.<br />

Funded annually by the U.S. Department of <strong>Housing</strong> and Urban Development,<br />

the ESGP provides allocations for maintenance and operating<br />

costs or improvements to emergency housing shelters in Kent and Sussex<br />

Counties that supply beds and/or services to homeless individuals<br />

and families.<br />

CONTACT:<br />

Public Information<br />

Office<br />

(888) 363-8808<br />

CONTACT:<br />

Public Information<br />

Office<br />

(888) 363-8808<br />

Moving to Work<br />

Program<br />

State Rental<br />

Assistance<br />

Program (SRAP)<br />

Participants in DSHA’s Public <strong>Housing</strong> and <strong>Housing</strong> Choice Voucher<br />

Programs (excluding those who are elderly or disabled) sign a Contract<br />

of Mutual Participation, which outlines a plan to assist them in becoming<br />

more financially independent. DSHA also provides individual case management<br />

and opportunities to participate in a savings program.<br />

This program serves individuals who have access to continuing supportive<br />

services, but are in need of affordable housing to live independently<br />

in the community. Included are youth exiting foster care, individuals exiting<br />

long-term care facilities, and others receiving supportive services.<br />

CONTACT:<br />

Public Information<br />

Office<br />

(888) 363-8808<br />

CONTACT:<br />

Public Information<br />

Office<br />

(888) 363-8808<br />

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