Contract Clock
Menu

Delaware

Delaware: Section 8 properties with a decision coming

HUD's file lists 112 active project-based assistance contracts in Delaware, covering 5,389 assisted units. 19 of them reach their final expiration date by Oct 2028, when the owner has to choose whether and how to renew. 18 Section 8 HAP contracts pay rents under 90% of the area's Fair Market Rent, a first sign of a property that could qualify for a rent increase at renewal.

112active contracts on 126 properties
19reaching final expiration by Oct 2028 (690 assisted units)
18HAP contracts with rents under 90% of FMR
1FHA-insured apartment loans maturing within five years

Contracts reaching final expiration by Oct 2028

These contracts end their overall term within two years of HUD's October 6, 2026 file. The owner chooses among the renewal options the property qualifies for, and an owner who wants out has to give tenants at least a year's notice. "Rent vs FMR" is HUD's ratio of contract rent to the area's Fair Market Rent.

PropertyUnitsAssistedContract typeFinal expirationRent vs FMRHUD loan
Dima IWilmington, New Castle County1212202/162 NCOct 202669%202/811
Arc Hud ViiWilmington, New Castle County1212PRAC/811Oct 202652%202/811
Llangollen Hope HouseNew Castle, New Castle County44PRAC/811Oct 202679%202/811
Arc Hud IxSmyrna, Kent County88PRAC/811Dec 202655%202/811
Garrett HouseWilmington, New Castle County77PRAC/811Dec 2026231%202/811
Arc Hud VWilmington, New Castle County88PRAC/811Jan 202752%202/811
Arc Hud ILewes, Sussex County1313PRAC/811Feb 202765%202/811
Ken-Crest Del 2003Wyoming, Kent County99PRAC/811Feb 202795%202/811
Arc Hud ViiiTownsend, New Castle County1212PRAC/811Feb 202760%202/811
Black Diamond Hope HouseSmyrna, New Castle County66PRAC/811Feb 2027118%202/811
Peach Tree AcresHarbeson, Sussex County2020PRAC/811Apr 202791%202/811
Ken Crest Housing Del 2Dover, Kent County1512PRAC/811May 202799%202/811
Carvel GardensLaurel, Sussex County100100LMSAJun 2027101%
Hollybrook ApartmentsLaurel, Sussex County2424515/8 NCDec 202763%
Luther Village II Of DoverDover, Kent County3232PRAC/202Jan 202872%202/811
Luther Towers IV Of DoverDover, Kent County4444PRAC/202Mar 202862%202/811
Silver Lakes EstatesMilford, Kent County146146HFDA/8 NCApr 202893%
Little Creek Aka Orchard Glen VLaurel, Sussex County7171HFDA/8 NCJun 202891%
Bethel VillaWilmington, New Castle County150150PD/8 ExistingAug 202892%
 Source: HUD Multifamily Assistance and Section 8 Contracts database, data as of October 6, 2026.

Section 8 contracts paying well under Fair Market Rent

HAP contracts with at least 20 assisted units whose rent-to-FMR ratio in HUD's file is under 90%, lowest first. Below-market contract rents are what HUD's Mark-Up-to-Market renewal option addresses, if the property qualifies; a rent comparability study, not this ratio, decides the new rents. "Run math" loads the size and ratio into the offer calculator.

PropertyUnitsAssistedRent vs FMRFinal expirationCurrent term ends
Hollybrook ApartmentsLaurel, Sussex County242463%Dec 2027Dec 2026Run math
West Center PlaceWilmington, New Castle County565566%Apr 2033Apr 2033Run math
North Lake VillageMiddletown, New Castle County422267%Dec 2032Dec 2032Run math
Monroe TerraceWilmington, New Castle County353567%Oct 2031Oct 2031Run math
North Lake VillageMiddletown, New Castle County422068%Dec 2032Dec 2032Run math
Church Street Station IMilford, Kent County807671%Dec 2045Dec 2026Run math
Chandler HeightsSeaford, Sussex County888872%Sep 2034Sep 2034Run math
Carleton Court ApartmentsNewark, New Castle County10010072%Nov 2029Nov 2026Run math
A & I HousingMilford, Kent County322474%Feb 2031Feb 2027Run math
Stoneybrook TownhomesClaymont, New Castle County14614578%Aug 2031Aug 2031Run math
Park Royal ApartmentsMilton, Sussex County323279%Mar 2032Mar 2027Run math
Terry AptsWilmington, New Castle County16115980%Oct 2033Oct 2033Run math
Millsboro VillageMillsboro, Sussex County505084%Jun 2031Jun 2031Run math
Riverview ApartmentsWilmington, New Castle County412588%Sep 2044Sep 2027Run math
Clayton CourtsWilmington, New Castle County727290%Aug 2029Aug 2027Run math
 Source: HUD Multifamily Assistance and Section 8 Contracts database, data as of October 6, 2026. HUD describes the ratio as a guide only.

HUD-insured loans maturing in the next five years

A HUD loan amortizes to zero, so a near maturity usually means a small balance left on an older building. The list shows only what HUD's file says: the loan, its balance and its maturity date. It says nothing about any owner's plans, other debt or willingness to sell.

PropertyUnitsProgramBalanceMatures
Wilton Club ApartmentsNew Castle 19720 · FHA 03257002 61 223(f) $474,453 Jul 2031
Source: HUD Insured Multifamily Mortgages file, data as of September 30, 2026.

Filter every Delaware contract

Turn on JavaScript to filter every contract in this state; the tables above show the top of each list.

Watch a contract

HUD republishes this file about once a month. Pick a contract and we'll email you when a new file shows it renewed (a later expiration date), ended or changed status, or moved inside 24 or 12 months of its final expiration.

We match on HUD's contract number, so a renewal under a new contract number shows up as this one expiring. Every contract is in the download files if you'd rather track them yourself.

The list holds the Delaware contracts in the tables above. Use "Watch" in the filter to add any other contract.

Alert emails haven't started on this site yet. Sign-ups are saved, and when sending starts the first email asks you to confirm.

Before you call an owner

Write to the owner of record from the county's deed records; HUD's file shows the contract, not the deed. Never contact residents or on-site staff about a sale, and never suggest to residents that their housing is about to change.

Buying the property means HUD has to approve you to take over the contract. Read what HUD reviews when a Section 8 property sells before you write a letter of intent.

Price it, then finance it

Use the offer calculator to value the property at today's contract rents and at market rents, then send the deal to the desk for acquisition financing.

Not affiliated with HUD. Inclusion here doesn't mean a property is for sale. How this data is built.