DSHA Stands Ready With First Home Buyer Programs

Programs in DE For 1st Time Buyers

First time home buyers in Delaware are not alone when it comes to purchasing their first residence. To augment their down payment assistance program, The Delaware State Housing Authority (DSHA) provides some additional programs for Delaware residents seeking to purchase their first home.


Delaware First Time Home Buyer Programs
Delaware First Time Home Buyer Programs

Here are some highlights:

Homeownership Programs

Looking to buy your first home or need help with downpayment or closing costs? We can help! Check out the links below to get started on your way to homeownership!

Homeownership Loan Program

Our Homeownership Program provides first mortgage financing at below-market interest rates to qualified homebuyers. This program is operated statewide.
The Homebuyer’s Information Guidebook is a great way to learn about the steps involved in buying a home.

Delaware First-Time Homebuyer Tax Credit

The Delaware First-Time Homebuyer Tax Credit is a federal income tax credit designed to help make homeownership more affordable to qualified homebuyers. Homebuyers who elect to use the federal tax credit are eligible to claim a portion of the annual interest paid on their mortgage as a special tax credit.

Neighborhood Stabilization Program (NSP)

This program helps local jurisdictions purchase foreclosed or abandoned homes and rehabilitate, resell or redevelop these homes in order to stabilize neighborhoods and stem the decline of house values of neighboring homes. The homes are then sold to low- to moderate-income homebuyers. This program is operated statewide.
Read about how one family purchased a foreclosed property that became their first home.

For complete details on these programs, including contact information and instructions on how to apply, please visit this DSHA programs page.

More Delaware First Time Buyer Programs

In addition to the above homebuyer programs offered by DSHA, there are local housing agencies in various towns, cities and counties throughout the state that provide financial assistance to 1st time property buyers as well. To determine availability of additional programs, please visit local first time home buyer programs in Delaware.