Real Estate Development

HDC MidAtlantic Receives $100,000 to Support Real Estate Expansion and Growth

HDC MidAtlantic has been awarded $100,000 from NeighborWorks America to support the organization’s real estate development goals. The award was granted from the NeighborWorks America Growth Cohort, which supports a group of 12 NeighborWorks America network member organizations from across the country who are focused on increasing their portfolio size by 50% to 75% over …

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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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