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Dover, Delaware – The Delaware State Housing Authority (DSHA) has announced the Delaware Mortgage Relief Program will cease accepting new applications for financial help with homeowner association fees, homeowner’s insurance, and lot rent fees. Initiated in June 2022, the program is supported by the American Rescue Plan Act and Homeowner Assistance Fund, funds distributed by the U.S. Treasury Department to Delaware.

Key Points

• The remaining funds in the program amount to $5,050,460. Funding is anticipated to run out by fall 2024, or possibly earlier. DSHA is exploring and identifying alternative options for homeowners.
• To date, the program has disbursed a total of $36,626,883 across all counties. Currently, 751 applications are still in progress, and 2,976 households have already received assistance, with the average assistance provided per household standing at $12,308.
• • New Castle County: 1,891 households received $23,242,331, which is 63.46% of the total funding paid.
  • Kent County: 661 households received $8,321,732 (22.72%).
  • Sussex County: 424 households received $5,062,820 (13.82%).
• The deadline for applications for monthly payment assistance is set for January 31, 2024, at 4:30 p.m. Delawareans can still seek financial support for delinquent mortgage payments, property taxes, and eligible utilities, including water and sewer expenses.