Latest News

The Flats Receives $1 Million from DSHA

WILMINGTON, DE – HDC MidAtlantic President Dana Hanchin announced today that the Todmorden Foundation, Inc. was awarded $1,000,000 in annual Low Income Housing Tax Credits (LIHTC) funding from the Delaware State Housing Authority (DSHA) for the Phase IV redevelopment and preservation effort of The Flats located in Wilmington, New Castle County, Delaware.  The redevelopment’s Phase IV will provide 52 efficiency, one-bedroom, two-bedroom, and three-bedroom apartments for low to moderate …

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HDC MidAtlantic Awarded $1 Million for Affordable Housing Preservation

The Pennsylvania Housing Finance Agency (PHFA) has awarded $1,000,000 in Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) funding to HDC MidAtlantic in support of the Chester County Preservation Initiative (CCPI), an $18.6 million  preservation of 97 affordable homes in Chester County, Pennsylvania. CCPI communities include Ash Park Terrace, a 56-unit apartment community serving seniors aged …

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Equitable Development in the City of Lancaster

For several years HDC has been seeking opportunities to create new housing communities in our “hometown” of Lancaster, and now for the first time in over two decades we have that opportunity. In partnership with Washington Place Equities (WPE), a Baltimore-based real estate development firm, last month HDC announced plans to transform a former hospital …

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