Marcella's House and Judy's House - Delaware Valley Development Company

Real Estate Portfolio > Affordable Housing Developments > Marcella's House and Judy's House

Marcella's House and Judy's House

Marcella's House
801 North Washington Street, Wilmington, DE 19801
31 Units

Judy's House
500 West Tenth Street, Wilmington, DE 19801
Special Needs (Chronically Homeless)
 

Sources of Funds

• Low Income Housing Tax Credit (LIHTC) equity [set-aside for chronically homeless]
• DSHA American Recovery and Reinvestment Act (ARRA) Tax Credit Assistance Program (TCAP)

Project Description

Marcella’s House and Judy’s House is a two-site acquisition and rehabilitation of former commercial buildings in center city Wilmington, DE. Two buildings were adaptively re-used into a 31-unit special needs facility owned and operated by Connections Community Support Programs, Inc (CSP). DVDC served as development consultant to and guarantor for Connections CSP. The project received an allocation of 2008 tax credits under DSHA’s tax credit set-aside for chronically homeless.

Project Status: Completed 2010