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DSHA: Opportunity for First-Time Homebuyers

Written on: April 15th, 2010 in Effective & Efficient Government, Guest Posts

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Our goal is to continue to provide affordable housing opportunities and help support a strong, local economy.   A 2009 study by the National Association of Home Builders estimated that the construction of 100 single-family homes generates $21.1 million in local income, $2.2 million in taxes and other revenue for local government, and 324 local jobs.

Delaware State Housing Authority (DSHA) has made available $250 million in low-rate mortgages to First-Time Homebuyers. Currently, these mortgages are at a rate of 4.75%, 0 Points 30-year fixed. The rate drops down to 4.25%, 0 points 30-year fixed, if you are buying a new construction home.

So who is eligible? If you haven’t owned a home in the past three years, if you are making up to $89,000, and looking to buy a house priced at no more than $366,000, you definitely should contact us!

To start the process, call DSHA at 888-363-8808 or visit our website at www.destatehousing.com

Helping you to achieve your dream of homeownership is our priority — Good Luck!

Tags: Delaware, Governor Jack Markell, homebuyers, housing, mortgage

Governor Jack Markell’s Update

Written on: April 15th, 2010 in Effective & Efficient Government

Thank you and welcome to the first issue of Delaware Forward!

1. PBF to put Delawareans back to work — Company announces purchase of the Valero Refinery.
2. Delaware was ranked first — and will receive $100m — in the national “Race to the Top” competition to improve our schools.
3. Connect with us through social media and a grassroots effort to promote our small businesses.

Please note: You have received this email because you indicated previously that you would like updates from the Governor’s office. If you do not want to receive future updates, opt-out information is at the bottom of this email.

Reopening the Doors to Good Jobs

From December of 2008 to November of 2009, Delawareans were hit particularly hard by three events. Our state’s Chrysler plant closed that December and our General Motors plant closed a few months later. Last November, we were told that Valero would be shutting down its facility in Delaware City.

But once again, we’ve seen what happens when Delawareans come together to solve a problem.

Last week, PBF Energy company announced that — in part because of the great teamwork from so many Delawareans — they will be buying the Valero facility, making significant investments in the plant and putting hundreds of people to work.

This builds on the success of the other two facilities: The Chrysler site now belongs to the University of Delaware, which is moving forward with its plan to put people to work to improve our economic future. Fisker Automotive is buying the old GM plant and expects to employ thousands to manufacture plug-in hybrid cars.

Learn more about how we are saving and creating quality jobs.

Continuing Our Race to the Top

The U.S. Department of Education recently announced that Delaware achieved the highest score in the nation during the first phase of the rigorous “Race to the Top” competition. Delaware will receive about $100M over the next four years — we are one of only two states out of 41 applicants named “winners” in this phase.

One important reason for that is that teachers, the business community, school administrators, parents, school boards, legislators, charter schools and our congressional delegation all came together with a singular focus on what we need to do to improve our schools. In short, it was about the kids, not the adults.

What’s really important is where we go from here. Read more.

Social Media: Community & Business

People have asked me: “Why do you have a Facebook page?” and “Why are you on Twitter?”

Here are three reasons why I am exploring and engaging through social media:

1. Delaware is a state of neighbors. Social media is another channel through which we can strengthen our community. Our people know how to work together. We get the right people in the room, and we move fast. Companies like Fisker have told me that this is one of the reasons they chose to grow their business in Delaware.
2. Delawareans are helping each other promote our small businesses and nonprofits through social media to help our employers thrive and create more jobs.
3. We need your creative ideas to ensure that Delaware is the best place to start and grow a business.

There are so many amazing things happening in our state, and we need to get the word out. Learn more about the grassroots discussion here.

Tags: education, Governor Jack Markell, jobs, social media