Sign Up For Novogradac Industry Alert Emails

Delaware Annual State HTC Cap Increased to $8 Million

Monday, July 9, 2018 - 10:45AM

Delaware Gov. John Carney signed legislation this month to increase the annual statewide cap on state historic tax credits (HTCs) to $8 million for fiscal years 2019-2024. The previous cap was $6.5 million. HB 475 also appropriated $6 million to the Affordable Rental Housing Program, which is intended to be used to leverage other sources, such as low-income housing tax credits.

Learn more about Novogradac's expertise and many services