Delaware Programs

Government Grants & Incentives for Real Estate Investors in Wilmington

Wilmington benefits from Delaware State Housing Authority's LIHTC program and the city's strong emphasis on downtown revitalization. The Strategic Fund and City property tax incentives create opportunities for affordable housing investors.

6 designated tracts
Opportunity Zones
$1,272
Section 8 (2-BR)
LIHTC
Tax Credits Available
4
Local Programs

State Housing Finance Agency

Delaware State Housing Authority (DSHA)

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Public Housing Authority

Wilmington Housing Authority (WHA)

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Local Programs

Wilmington Government Incentive Programs

These programs are available specifically to investors and developers in the Wilmington, DE market.

DSHA LIHTC Program

Delaware allocates LIHTC credits through DSHA, with Wilmington receiving priority due to the state's concentrated urban housing needs.

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Wilmington Neighborhood Stabilization

City programs targeting property rehabilitation and homeownership in distressed neighborhoods.

Delaware Strategic Fund

State economic development fund that can support mixed-use and housing projects in designated areas.

New Castle County CDBG/HOME

Federal community development funds for affordable housing and community improvements.

LIHTC Tax Credits in Delaware

Low-Income Housing Tax Credits are the largest source of affordable housing financing in the U.S. In Delaware, credits are allocated by DSHA.

How LIHTC Works

  • Dollar-for-dollar federal tax credit over 10 years
  • 9% competitive credits for new construction
  • 4% credits paired with tax-exempt bonds
  • 15-year compliance period for affordable rents

Delaware Allocator

Credits are allocated by DSHA through their Qualified Allocation Plan (QAP), which outlines scoring criteria and priorities.

View DSHA LIHTC Program
Investor Tips

Why Invest in Wilmington?

Small state means less competition for LIHTC credits

Affordable acquisition costs with proximity to Philadelphia

6 Opportunity Zones concentrated in downtown and surrounding areas

Strategic Fund provides flexible development financing

Finance Government-Incentivized Properties in Wilmington

FundNow Capital provides DSCR loans, bridge financing, and portfolio loans that complement government incentive programs in Wilmington.

DSCR Loans

Qualify using Section 8 rental income — government-backed rents strengthen your DSCR ratio.

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Bridge Loans

Short-term financing to acquire and stabilize properties before permanent LIHTC or agency financing.

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Portfolio Loans

Finance multiple properties in Wilmington's Opportunity Zones under a single loan structure.

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Frequently Asked Questions

Get Financing for Investment Properties in Wilmington

Tell us about your Wilmington investment plans. We'll match you with the best financing options within 24 hours.

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