Delaware General Assembly

Lieu/Substituted 4/24/24

Adopted in Lieu of original; takes status of original

SS 1 for SB 22

3/21/24

Huxtable

Sen. Lockman, Sokola, Townsend, Hocker
Rep. Bush

Sen. Gay, Hansen, Hoffner, S. McBride, Paradee, Pinkney, Sturgeon, Walsh, Wilson
Reps. Baumbach, Gray, Lambert, Osienski, Phillips

AN ACT TO AMEND TITLE 31 OF THE DELAWARE CODE RELATING TO ESTABLISHING THE DELAWARE WORKFORCE HOUSING PROGRAM.

This Act establishes the “Delaware Workforce Housing Program" (DWHP). Modeled after the Downtown Development District Program, the DWHP allows a qualified workforce housing investor to be reimbursed through a grant up to 20 percent of the capital costs associated with workforce housing units they create. To be eligible for a grant, the project must be located in Investment Levels 1 and 2 as established by the Delaware Strategies for State Policies and Spending. A grant may not be awarded for a project that is also intended to qualify for a federal low-income or state low-income housing tax credit. This program will be administered by the Delaware State Housing Authority (DSHA) and requires the DSHA to provide an annual report on the effectiveness of the program. The Act provides the DSHA with the power to adopt regulations for the DWHP.

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Takes effect upon being signed into law

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