Posts Tagged ‘delaware state housing authority’
Updates to Delaware Mortgage Relief Program to Benefit Homeowners
Homeowners can now receive up to $50,000 in financial assistance thanks to an update to the Delaware Mortgage Relief Program that the Delaware State Housing Authority announced today. The updates include: • Removing the requirement of 30-day mortgage delinquency. Homeowners who do not have a delinquent mortgage are now eligible to apply for the program.…
Read MoreDE State Housing Authority Announces Launch Of Statewide Rent Reporting Pilot
The Delaware Tenant Rent-Reporting Program Pilot is a new program funded by the American Rescue Plan Act and partnered with Self Financial (Self). The Tenant Rent-Reporting Pilot aims to help over 400 low-income renters increase their credit scores by reporting their reliable rental payment history. Most rental payment history is never reported to the larger…
Read MoreDel. Announces New Affordable Housing Initiatives Using ARPA Funds
Delaware is unveiling several new programs to develop and create more affordable housing, utilizing funds from the American Rescue Plan Act.Governor John Carney said Thursday that the Delaware State Housing Authority will start and administer programs that involve acquisition and rehabilitation of vacant houses, provide additional financing for owners of affordable multi-family rental projects who…
Read MoreDel. Begins Mortgage Relief Program
Delaware has opened a mortgage relief program.Eligible households who have experienced a COVID-19-related financial hardship that led to mortgage delinquency or forbearance can apply for financial assistance, according to the Delaware State Housing Authority. Up to $40,000 is available to cover delinquencies in mortgage payments, property taxes, utility bills, condominium association fees or homeowner insurance.…
Read MoreDel. Extends Emergency Rental / Utility Assistance Program
Delaware tenants who have trouble meeting expenses will be eligible for an additional three months of rental and utility assistance. The Delaware Housing Assistance Program will now make up to 18 months of emergency assistance available.The DE-HAP program in its current form was launched in March 2021 to help renters who were affected by shutdowns,…
Read MoreSussex Co. Habitat for Humanity Celebrates $500,000 Appropriation In Omnibus Spending Plan
Sussex County Habitat for Humanity is getting half-a-million dollars in federal funding, to support completion of ten more affordable homes throughout the area.Senator Tom Carper and Senator Chris Coons (D-Del.) visited the Laurel area Monday to announce the presentation at Hope Hill, part of a larger revitalization strategy. Ten homes have been completed and ten…
Read MoreDowntown Development District Program Makes A Splash
The grand opening of Splash Laundromat in Georgetown is extra reason to celebrate for its owners. Enrique and Veronica Nunez were presented with a Downtown Development District rebate check of nearly $458,000 Friday.The five-year-old program generates private capital investment into commercial business districts. Qualifying investments in one of twelve designated areas can apply for a…
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