Wilmington, Delaware Awards $8.4 Million for Affordable Housing: 361 Homes Across 16 Projects
The administration of Wilmington Mayor John Carney announced on November 12 that $8.4 million will go to 16 affordable housing projects across the Delaware city, supporting a total of 361 affordable homes, a subsidy of about $23,000 per home.
The city launched the affordable housing incentive program at a press conference at the West End Neighborhood House. Bob Weir, the city's director of real estate and housing, said the subsidies are intended to support developers in building affordable homes rather than simply being handed to developers.
Housing affordability is a major issue nationwide. Carney said at the event that Wilmington is using funding incentives to get more affordable housing built. A strong thunderstorm hit Wilmington during the press conference, with hail drumming on the venue's roof.
The city says the funding will help large and small developers deliver on their affordable housing commitments, easing pressure on low- and moderate-income families and helping more residents find homes they can afford in the city.
Source: City of Wilmington
Published by GSM · USA (original Chinese edition)
Photo: 特拉华州威尔明顿市天际线（Quintin Soloviev 摄，Wikimedia Commons，CC BY 4.0）/ Wilmington, Delaware skyline (photo by Quintin Soloviev, Wikimedia Commons, CC BY 4.0)
