9 housing projects to receive from $5.5 million from bank settlement fund
Nine projects statewide will receive $5.5 million from Delaware’s Strong Neighborhoods Housing Fund.
The fund will address vacant, abandoned or foreclosed properties. The announcement was made by Gov. John Carney announced, joined by Delaware State Housing Authority Director Anas Ben Addi and elected officials and community leaders from across Delaware.
“This funding will directly help families, cities and towns across Delaware become stronger. When we put homes together, they become neighborhoods, safe places enriched by diversity where we collectively share in our cities’ growth and successes,” Carney said. “When families step into houses, they become homes – residences of refuge, centers of companionship, locations of learning, and places of worship. Home is where we celebrate our accomplishments and draw upon strength and support to face our challenges.”
The second round of the Strong Neighborhoods Housing Fund, funded by bank settlement money, will lead to about 100 new or rehabilitated housing units in Wilmington, New Castle County, Dover, Milford and Laurel. The investment of $5.5 million will leverage an estimated $15 million in private or other funding sources.
“These projects will be helping families and individuals who need housing, while strengthening the neighborhoods in which they are located, revitalizing properties that have fallen into disrepair and bringing people back to live in them,” said DSHA Director Anas Ben Addi.
The housing projects chosen for funding in this round, listed by jurisdiction, are:
- City of Wilmington, lead applicant Wilmington Neighborhood Conservancy Land Bank, $2.1 million
- Wilmington Neighborhood Conservancy Land Bank, $645,000 to acquire blighted properties and remove them
- Wilmington Housing Partnership, $205,000 for four new units and two rehabbed
- Interfaith Community Housing of Delaware, $550,000 for eight new units and three rehabbed units in Wilmington
- Inter-Neighborhood Foundation, $200,000 for four rehabbed units in Wilmington
- Habitat for Humanity of New Castle County, $550,000 for 10 new units and one rehabbed unit
New Castle County, $1.3 million
- New Castle County Department of Community Services, $1.3 million for 10 new units and 17 rehabbed ones along the Route 9 corridor
Kent County, $1.5 million
- NCALL Research, $1 million for 20 new units in Dover
- Milford Housing Development Corporation, $500,000 for 10 new units in Milford
Sussex County, $500,000
- Laurel Redevelopment Corporation, $500,000 for 10 new units in Laurel
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