Update (1/16/25): Delaware’s Affordable Housing Production Task Force
The Delaware Association of REALTORS® has consistently advocated that there is simply not enough supply of housing units in Delaware for all those who need a place to live. Legislators listened and took action this past June.
The new Affordable Housing Production Task Force was established via House Bill 442 to make recommendations on how the State and local governments can increase the supply of housing that is affordable to households across the income spectrum. The Affordable Housing Production Task Force is required to report its findings to the Governor and General Assembly by March 1, 2025. As of January 5, legislation (HB 30) has been introduced to extend the deadline to April 7, 2025.
Update (1/16/25):
In December, DAR was made aware of conversations occurring at the Board of Home Inspectors around the idea of creating a “Right to Home Inspection.” DAR reacted quickly to encourage the Board to not move forward with this potentially damaging proposal. You may read our letter of opposition here. A limited Call for Action was issued to all Delaware real estate brokers and thanks to everyone’s quick work, the motion to move the proposal forward failed.
Update (1/16/25):
The Delaware Division of Revenue released guidance on the new Short-Term Rental Lodging Tax. The tax became effective January 1, 2025. All short-term rentals in the state are now subject to the STATE tax.
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