Tax Credit
About Dover Housing Authority
The Low-Income Housing Tax Credit (LIHTC) program is a federal initiative designed to encourage private investment in the development and rehabilitation of affordable rental housing for low-income individuals and families. In Delaware, the State Housing Authority (DSHA) administers this program, allocating tax credits to developers through a competitive process. These credits provide a dollar-for-dollar reduction in federal tax liability, incentivizing private entities to invest in affordable housing projects.
A notable example of LIHTC utilization in Delaware is Willis Road Commons.
Willis Road
Willis Road in Dover, Delaware, is a residential area owned and operated by the Dover Housing Authority (DHA). The Dover Housing Authority oversees affordable housing for low-income families and individuals in the city. Willis Road is part of DHA’s efforts to provide safe, affordable housing, often featuring townhomes or apartment units with community amenities. DHA manages the area to ensure compliance with local housing regulations and provides residents with access to services and programs aimed at improving living conditions and community engagement