Delaware RealEstateRama

Downtown revitalization efforts in Seaford, Dover and Wilmington will soon get a boost, as Governor Jack Markell today announced the recipients of the Delaware’s inaugural round of Downtown Development District (DDD) Grants. A total of 13 projects in DDDs statewide have been selected to receive $5.6 million in funding. The state’s $5.6 million is expected to leverage more than $114 million in private investment in a variety of new development projects.

Hunt provided an $8.35 million structure for the acquisition of Limestone Terrace Apartments. Located at 4605 Patrician Terrace Blvd

Delaware State Housing Authority (DSHA) announces the recipient of the 2014 Top Producing Lender Award - Trident Mortgage. Last year, Trident Mortgage successfully secured more than $28.5 million in mortgage loans for 176 families through DSHA’s homeownership programs. This is the sixth year in a row Trident Mortgage has earned DSHA’s Top Producing Lender Award, helping 886 families with more than $139 million in DSHA’s mortgages since 2009.

Sen. Tom Carper (D-Del.), Ranking Member of the Homeland Security and Governmental Affairs Committee, commended the Obama Administration's continued commitment to improve federal property management. The new White House policy directives, the National Strategy for Real Property and the Reduce the Footprint, charge agencies to implement policies to improve property management, consolidate government office space, and dispose of unneeded buildings

.S. Senators Chris Coons (D-Del.), Susan Collins (R-Maine), Jack Reed (D-R.I.), and Jeanne Shaheen (D-N.H.) on Wednesday re-introduced their legislation to strengthen and reauthorize the heart of the federal government’s energy efficiency strategy — the Weatherization Assistance Program — and to reauthorize the vital work of the State Energy Program. S.703, the Weatherization Enhancement and Local Energy Efficiency Investment and Accountability Act would extend both programs for five more years.

Delaware State Housing Authority (DSHA) and the Delaware Council of Faith-Based Partnerships will be hosting a free Lunch & Learn on Tuesday, March 3, 2015 in the Carvel State Office Building, 3rd Floor Conference Room, at 820 N. French Street, Wilmington, Delaware. Join us as Gary Hecker, DSHA Housing Finance Manager, presents information on helping individuals and families facing foreclosure on their home, including the Delaware Emergency Mortgage Assistance program, and a program for senior homeowners in Wilmington who are facing foreclosure for delinquent city property taxes and water/sewer bills

The Delaware State Housing Authority (DSHA), in partnership with The Money School and the Delaware Federation of Housing Counselors, held its annual Homebuyer Fair on Saturday, April 5, 2014, at the Chase Center on the Riverfront in Wilmington, Delaware. The Fair – geared toward providing prospective homebuyers with the opportunity to learn about the steps in purchasing a home – was a great success for the fourth year in a row.

Governor Jack Markell, U.S. Sens. Tom Carper and Chris Coons and Congressman John Carney, along with the Delaware Division of Historical and Cultural Affairs announced that the National Park Service has awarded $1 million in federal funds help Delaware historic properties that were damaged by Hurricane Sandy

With some of the state’s top teachers set to gather tonight to discuss strategies to best address the needs of students in high-need schools, Delaware State Housing Authority (DSHA) is announcing a new initiative to help encourage top educators to work in these communities

Today, Senate Homeland Security and Governmental Affairs Committee Chairman Tom Carper (D-Del.), Ranking Member Tom Coburn (R-Okla.) and Committee Members Mark Pryor (D-Ark.), Rob Portman (R-Ohio), and Mark Begich (D-Alaska) introduced important legislation that would assist federal agencies in improving the disposal and management of federal buildings and facilities. The Federal Real Property Asset Management Reform Act of 2013 would help facilitate the disposal of unneeded federal property and establish a framework for federal agencies to better manage existing space in a more cost-effective manner

“For generations, owning a home has been part of the American dream. The 30-year mortgage is what’s enabled people to afford one

It’s a call for help that frequently has had no answer — until now. Many manufactured homeowners have not been eligible to participate in foreclosure prevention programs because their home is technically considered personal property and not real estate. The new Manufactured Housing Assistance Program (MHAP) has been made available through Delaware Homeowner Relief — a partnership of the Delaware State Housing Authority (DSHA) and the Delaware Attorney General’s Office. MHAP enables owners of manufactured homes on rented land or on a lot owned by the homeowner to receive payment assistance for past due lot rent and/or home payments.

More than $1.2 million in federal funding has been awarded thus far for Hurricane Sandy recovery in Delaware, the Delaware Emergency Management Agency (DEMA) and the Federal Emergency Management Agency (FEMA) announced today

Bradley Gillis, CCIM, a Senior Advisor with Sperry Van Ness – Miller Commercial Real Estate is pleased to announce the former Floor Trader, a ten thousand square foot building located in Delmar, DE will soon be occupied by Advance Auto Parts. An out of town broker represented Advance Auto Parts in the 10 year lease, and Bradley Gillis, CCIM represented the Landlord.

The Federal Home Loan Bank of Pittsburgh (FHLBank) has awarded five Blueprint Communities in Delaware a total of $86,000 in grant money for the next phases of neighborhood renewal and community planning.