This statewide program provides a direct federal income tax credit to qualified owners and investors to build, acquire or rehabilitate rental housing units to rent to working low-income Delawareans. It also allows low-income Delawareans who can afford a monthly rent payment, but cannot afford to pay market rate rents.
How To Apply
- Make sure you (the borrower) meet all borrower requirements.
- Ensure all tenant qualifications are met.
- Download and review the provided program documents for further application instructions and forms.
- This program allows both corporate and private investors to receive a fair return on their investment in affordable housing. The program design allows individuals, as well as limited partnerships who own rental housing for low-income families, to utilize the credit.
- The equity raised through the tax credit investment make it possible for developers to attract the financing needed to create or restore low-income rental housing.
- Working low-income families whose incomes do not exceed 60% of the median income based on family size and county location, are eligible to reside in tax credit properties. Rents are capped to remain affordable to families earning less than 60% of median income.
2017 LIHTC Funding Round Documentation
- 2017 LIHTC Application
2016 LIHTC Funding Round Documentation
- 2016 Applications Received as of 4/29/16
- 2016 Preliminary Ranking Announcement 7/1/16
- Passive House Slide Presentation – 10/7/15 2016 QAP public hearing comments and DSHA Response
- 2016 LIHTC Application
- 2016 Cover Letter
- 2016 Change Sheet
- 2016 LIHTC QAP
- Ask a question on our forum.
- 2016 LIHTC Attachments to the QAP
- DSHA Web-based LIHTC Application
- Points Worksheet
- 2016 Income/Rent Limits
- Management Agent Requirements
- Management Agent Qualifications
- Affirmative Fair Housing Marketing Plan Form
- Real Estate Owned/Developed Schedule
- Realty Transfer Tax
- IRS Form 8821
- Relocation Reimbursement Form
- Pre-Approved List of Market Study Providers
- Delaware Interactive Map and Link
- 2016 QAP Map Reference Guide
- Housing Development Fund Supplement
- General Contractor Certification and Questionnaire
- Annual Update General Contractor's Certification and Questionnaire
- Agency Fees
Previous Years' Funding Round Documentation
To see older funding round documentation and information, please visit the LIHTC Archival Funding Round Information Page.
Tax Credit Policies, Forms, and Compliance Documentation
Please download and review the documents below to learn more about tax credit policies, get forms, and understand compliance issues.
- DSHA Tax Credit Compliance Monitoring Manual (2011)
- DSHA TIC Form
- DSHA Asset Certification
- Employment Verification
- Student Financial Aid Verification
- Annuity Verification
- Real Estate Verification
- Asset (401K) Verification
- Stocks and Bonds Verification
- Child Support Affidavit
- Income Asset Checklist.pdf
- Casualty Loss Form
- Revised IRS 8823 Guide January 2011
- Self-Certification Form
- Owner's Certification of Continuing Compliance(Fillable)
- Owner's Certificate of Compliance During Extended Use Period (Fillable)
- Notice of Noncompliance
- Access Card-Self Certification
- UPCS Unit Checklist
- Self-Certification of Unborn Child
- Documentation of Decrease in Family Size
- Annual Student Certification
- Foster Care Verifications
- Veteran's Benefits Verification
- Military Pay Verifications
- Certification of Zero Income
- Request for Occupancy Waiver
- Post - 15 Compliance Monitoring Procedures
- Qualified Contract Process
- DSHA Mortgagor's Draw Requisition and Cost Certification Guide
- Mortgagor Draw forms (D101-D102)
- Contractor Draw forms (D101-D106)
- Mortgagor Cost Certification forms (CC100-CC110)
- Contractor Cost Certification forms (CC101-103)
- 10% Test
DSHA Program Contact Person
Do you have questions about this program? Would you like to suggest an improvement to this Web page? Please contact Cynthia L. Deakyne, Housing Asset Manager, at 302.739.4263.