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Housing Development Fund (HDF)
The purpose of the Housing Development Fund (HDF) is to provide affordable, decent, safe and sanitary housing to responsible very low-, low- and moderate-income households.
This program is designed to provide financing for developers and homeowners through sponsoring agencies. Types of developments that will be considered include, but are not limited to, the acquisition and/or rehabilitation of existing housing, the adaptive reuse of nonresidential buildings, and new construction. Both rental and for-sale housing will be considered.
How To Apply
- Make sure you (the borrower) meet all borrower requirements.
- Download and review the provided program documents for further application instructions and forms.
Availability of Funds
Because the HDF has limited funds, it is the project sponsor's responsibility to provide DSHA with evidence that other potential sources of funding have been explored or exhausted.
Borrower Qualifications
- Available to nonprofit and for-profit developers for low- and moderate-income families in Delaware.
- Please review documentation for additional details.
Documentation
Please download and review the documents below to learn more about this program, get forms, and determine if you qualify.
- HDF Program Package
- Notice to Applicants - PDF [12K]
- Application Package (2006) - PDF [24K]
- Program Information (2006) - PDF [156K]
- Application Form (2006) - PDF [288K]
- Project and Neighborhood Standards - PDF [16K]
- Underwriting Guidelines - PDF [23K]
- Grants Application - PDF [49K]
- Pre-Development Application - PDF [53K]
- Cost Certification Guide - PDF [12K]
- Application Checklist (2006) - PDF [24K]
- Related Financial Information
- DSHA Audit Guide (2004) - PDF [132K]
- Audit Schedules and Reports - MS Excel [20K]
- DSHA Profit and Loss Statement - PDF [68K]
DSHA Contact Person
Do you have questions about this program? Would you like to suggest an improvement to this Web page? Please contact Jerry Jones, Housing Finance/Development Administrator, at 302.739.4263.
