In the News

Wilmington, DE, April 27, 2023 –(PR.com)– Habitat for Humanity of New Castle County (HFHNCC) is pleased to announce the launch of Almost Home, a new program to help more low-income individuals become homeowners. Made possible by funding from New Castle County and JPMorgan Chase, Almost Home is one of Habitat’s ways of creatively addressing New Castle County’s affordable housing crisis.

[read the full Press Release here]

A new rent-to-own home ownership program is getting underway in New Castle County – a new venture for Habitat for Humanity.

[read the full WDEL article here]

Habitat for Humanity-New Castle County’s new Almost Home program looks to increase affordable housing stock in Wilmington, and help potential low-income homeowners qualify for Habitat’s 0% Mortgage Program.

[read the full Delaware Public Media article here]

Gov. John Carney outlined his proposal for a nearly $5.5 billion 2024 operating budget on Thursday, debuting new plans for tax relief and investments in housing and early childhood education.

[Read the full Delaware Public Media article here]

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According to a new study conducted by researchers from the University of Delaware’s Joseph R. Biden School of Public Policy & Administration, the impact of substandard housing on health and the need for critical home repairs in low-income, owner-occupied homes in Delaware is clear. Delaware’s Habitat for Humanity affiliates collaborated for a joint press conference to announce findings from a new statewide needs assessment for repairs to low-income owner-occupied housing in Delaware. The research was funded by a Delaware Community Foundation grant.

Studies reveal that individual hardships among low-income homeowners tend to be concentrated geographically in declining or distressed areas. This means low-income residential areas with elevated levels of homeownership are likely to contain many households that would benefit from assistance with home repairs, and such assistance would benefit not only individual households, but also uplift the quality of entire neighborhoods and communities. To read the full study, go to sussexcountyhabitat.org.

[read the full Cape Gazette article]

Buying a home in Delaware seems out of reach for many residents.

With rents skyrocketing, finding an affordable place to live in the communities many have long called home seems more challenging than ever.

Pandemic financial woes combined with a hot real estate market fueled by a steady flow of newcomers compound Delaware’s housing affordability crisis. Many people simply do not make enough money to afford adequate housing in Delaware.

How much is enough money? The federal Housing and Urban Development agency says you should not be spending more than 30% of your income on housing costs and utilities.

Statewide, annual household incomes range from about $45,000 to $66,000 depending on your race and ethnicity, according to a JPMorgan Chase and Prosperity Now report.

[read the full Delaware Online article]