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Affordable Housing and Tax Credit Developments in DelawareUpdate: Delaware Sustainable Energy Utility (SEU) – Financing

March 26, 2010by George Danneman

The Delaware Sustainable Energy Utility (SEU) has extended the deadline for submittal of applications to its Multi-Family Construction Financing Program.  Applications are now due at 4:00 PM, Wednesday, March 31, 2010.  In addition, the SEU would like to clarify that NO FEE IS REQUIRED IN ORDER TO SUBMIT AN APPLICATION.  A 2% fee is due at closing, which may be capitalized as part of the construction financing.  Please download and review the revised application documents (link below).

SEU Multi-Family Construction Financing Application rev2 03-26-10 – redline

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