Delaware Code § 31-4073

Limitations and conditions [For application of this section, see 84 Del. Laws, c. 352, § 3]
Open in Lexace · Ask the AI about this section
(a) The availability of DWH grants in any given year is subject to appropriation by the General Assembly.
(b) Except as otherwise provided in subsection (c) of this section, DSHA may not approve a DWH grant for a workforce housing unit
that uses a federal low-income or state low-income housing tax credit.

(c) DSHA may approve a DWH grant for 1 or more workforce housing units in a multiple unit housing project so long as those workforce
housing units do not utilize a federal low-income or state low-income housing tax credit.
(d) In addition to its other powers and responsibilities, DSHA is expressly authorized to establish any other limitations and conditions
with respect to DWH grants as may be necessary or convenient to accomplish the purposes of this subchapter, including:
(1) Amending the minimum qualified workforce investment threshold, except that the minimum qualified workforce investment
threshold must not be less than $25,000.
(2) Establishing caps or limits on DWH grants available to any qualified workforce housing investor, alone or in combination with
other local, state, or federal incentives for any workforce housing unit including Delaware state historic preservation tax credits pursuant
to Chapter 18 of Title 30.
(3) Establishing additional qualifying criteria with respect to residential uses or types of projects.
(4) Incentivizing particular types of uses or projects in 1 or more workforce housing units.
(5) Establishing such other limitations and conditions in 1 or more workforce housing units as DSHA may determine from time
to time.
(e) DSHA may use part of the allocations made for the Delaware Workforce Housing Program towards the administration of the
program.
(f) DSHA may establish or amend the foregoing limitations and conditions no more than once per year.

‹ Prev All Delaware sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.