Federal affordable housing fund allocates more than $3 million to Delaware


The U.S. Department of Housing and Urban Development (HUD) allocated $382 million through the nation’s Housing Trust Fund.  

Delaware was awarded $3,066,413 from the fund, an affordable housing production program that complements existing federal, state and local efforts to increase and preserve the supply of affordable housing for extremely low- and very low-income households, including families experiencing homelessness. 

Delaware’s allocation is equal to figures for more heavily populated states, such as Iowa, Mississipi and Oklahoma. The three states have a lower cost of living.

 “I’m sure each of our states will welcome this infusion of funds that focus on developing extremely low-income housing where the highest need is and which is much harder to develop,” said Mid-Atlantic Regional Administrator Matthew Heckles.  “This will allow the most vulnerable and the homeless to afford permanent housing. The trust fund dollars also can be used for a broad range of categories, some of which may not be eligible with federal funds.”

Delaware is facing an increasingly serious affordable housing shortage, especially in Sussex County, where average home prices are high and average incomes are lower than in northern New Castle County. Rents have risen throughout the state.


 HTF is a formula-based program for States and U.S. Territories. By law, each state is allocated a minimum of $3 million. State affordable housing planners will use these funds for the following eligible activities:

  • Real property acquisition
  • Site improvements and development hard costs
  • Related soft costs
  • Demolition
  • Financing costs
  • Relocation assistance
  • Operating cost assistance for rental housing (up to 30% of each grant)
  • Reasonable administrative and planning costs.

 The Housing Trust Fund is being capitalized through contributions made by lenders Fannie Mae and Freddie Mac.

In December 2014, the Federal Housing Finance Agency (FHFA) directed these Government Sponsored Enterprises (GSEs) to set aside and allocate funds to the Housing Trust Fund. The Housing Trust Fund helps to strengthen and broaden the Federal housing safety net for people in need by increasing the production of, and access to affordable housing for the nation’s most vulnerable populations. One hundred percent of funds must be used for extremely low-income families.

FY 2023 Housing Trust Fund Formula Allocations
State of AlabamaAL$3,468,012
State of AlaskaAK$3,066,413
State of ArizonaAZ$6,176,374
State of ArkansasAR$3,000,537
State of CaliforniaCA$62,249,056
State of ColoradoCO$5,587,889
State of ConnecticutCT$4,510,425
State of DelawareDE$3,066,413
District of ColumbiaDC$3,066,413
State of FloridaFL$18,860,873
State of GeorgiaGA$9,289,520
State of HawaiiHI$3,066,413
State of IdahoID$3,066,413
State of IllinoisIL$14,528,244
State of IndianaIN$5,391,554
State of IowaIA$3,066,414
State of KansasKS$3,066,414
Commonwealth of KentuckyKY$3,515,069
State of LouisianaLA$4,515,321
State of MaineME$3,066,413
State of MarylandMD$5,428,249
Commonwealth of MassachusettsMA$8,664,498
State of MichiganMI$8,567,551
State of MinnesotaMN$4,881,843
State of MississippiMS$3,000,537
State of MissouriMO$5,346,518
State of MontanaMT$3,066,413
State of NebraskaNE$3,066,413
State of NevadaNV$3,992,365
State of New HampshireNH$3,066,413
State of New JerseyNJ$12,237,784
State of New MexicoNM$3,066,413
State of New YorkNY$34,734,755
State of North CarolinaNC$9,349,939
State of North DakotaND$3,066,413
State of OhioOH$10,420,277
State of OklahomaOK$3,066,414
State of OregonOR$5,468,942
Commonwealth of PennsylvaniaPA$12,081,840
State of Rhode IslandRI$3,066,413
State of South CarolinaSC$4,254,878
State of South DakotaSD$3,000,537
State of TennesseeTN$5,290,023
State of TexasTX$22,394,219
State of UtahUT$3,066,413
State of VermontVT$3,066,413
Commonwealth of VirginiaVA$7,563,732
State of WashingtonWA$8,377,580
State of West VirginiaWV$3,066,413
State of WisconsinWI$5,527,246
State of WyomingWY$3,066,413
Northern Mariana IslandsMP$76,533
Commonwealth of Puerto RicoPR$2,037,322
Virgin IslandsVI$152,727