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.
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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.”
