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Affordable Housing and Tax Credit Developments in DelawareDelaware State Housing Authority (DSHA) Low Income Housing Tax Credit (LIHTC) Application Rankings as of July 29th

August 2, 2010by George Danneman

Here is an updated analysis of the revised Delaware State Housing Authority (DSHA) rankings of the Low Income Housing Tax Credit (LIHTC) applications in Delaware for 2010.

Ranked for Credits:

Non-profit Pool – Hampton Circle (Better Homes of Seaford Inc.) in Seaford, Delaware, which includes 35 elderly low- rise apartments.

Preservation Rehabilitation Pool – (a) Canterbury Estates (Severn Development Company) in Bridgeville, Delaware, which includes 24 family garden apartments; (b) B’nai B’rith House (Connolly & Partners) in Claymont, Delaware, which includes 208 elderly high-rise apartments; and (c) Greenside Manor Apartments in Seaford, Delaware, which includes 40 family garden apartments.

New Housing Creation Pool –Bayard Plaza (Henry Mast) in Dover, Delaware, which includes 48 family high-rise apartments.

Homeless Pool – The only applicant was not scored because it did not meet threshold.

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One applicant was ranked conditional upon receiving favorable federal funding decisions and six applicants were not ranked because they did not meet threshold.

The rankings include a footnote-note cautioning that the rankings are preliminary and a more extensive review of the applications will occur.  The review includes “reasonableness of costs, feasibility and construction timetables.”

The full rankings are here: 2010 Delaware QAP Re-Ranking List July 2010

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