Blog

Affordable Housing and Tax Credit Developments in DelawareDelaware State Housing Authority (DSHA) Low Income Housing Tax Credit (LIHTC) Application Rankings as of July 9th

July 14, 2010by George Danneman

In follow-up to my previous post, I am providing some additional analysis of the 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 – H. Fletcher Brown Apartments (Ingleside Homes, Inc.) in Wilmington Delaware, which includes 35 elderly garden apartments.

Preservation Rehabilitation Pool – (a) Canterbury Estates (Severn Development Company) in Bridgeville, Delaware, which includes 24 family garden apartments; (b) Dunbarton Estates (Severn Development Company) in Georgetown, Delaware, which includes 32 family garden apartments; and (c) B’nai B’rith House (Connolly & Partners) in Claymont, Delaware, which includes 208 elderly high-rise apartments.

New Housing Creation Pool – (a) Hampton Circle (Better Homes of Seaford Inc.) in Seaford, Delaware, which includes 35 elderly low-rise apartments; and (b) 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.

**************************************************************************************

Two applicants’ were ranked conditional upon receiving favorable federal funding decisions and two 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.”

https://dannemanfirm.com/wp-content/uploads/2022/01/TDF_Logo_Large-1-copy-e1644002910448.png

The Danneman Firm, LLC provides clients with a high-quality alternative to “big-firm” legal services. We combine past experience working with institutional clients at large national law firms together with the personal service and cost effectiveness of a smaller organization.

3411 Silverside Road | Baynard Building, Suite 108 | Wilmington, DE 19810

© 2022 The Danneman Firm