Home Builders Association of Delaware

Join Us for a Night of Recognition & Celebration! Two Weeks Remain to Purchase Your Regal Sponsorship & Early Bird Ceremony Tickets! Act Now & Click Below! https://lnkd.in/eceYYidx

Over the last couple of years, we have focused on working with partners we have not always seen as allies.?Environmental advocates, non-profits, policymakers, and others have come to the table with us, and through open dialogue, we have found areas of common ground.?Together, we can balance economic development with environmental stewardship and community priorities.

Increasing funding for affordable housing programs is crucial to addressing the growing housing crisis that affects Delawareans. As housing costs continue to rise, more families and individuals are being priced out of safe and stable housing, exacerbating issues of homelessness and housing insecurity. Consider these facts: - Delaware is currently facing a shortage of more than 20,000 affordable housing units for the lowest income levels. There is also a lack of “starter” or “middle” homes driving this crisis. - According to the most recent Cost of Housing quarterly report released by the National Association of Home Builders, in the Philadelphia-Camden-Wilmington region, a typical family spends 28% of income on a mortgage payment. For low income households, that percentage jumps to 55%. - In 2023, 288,787 Delaware families could not afford to buy a new home costing more than the median price of $470,721?(NAHB). - High mortgage interest rates exacerbate this problem. - Homeowners are deferring maintenance projects because they cannot afford to make improvements to their existing homes. By committing more resources to housing programs and policies, we can ensure that everyone has access to housing, thereby strengthening the fabric of our communities.

Check out our newest Executive Update and catch up on what's happening at HBADE! Plus, some exciting events are fast approaching. Be sure to register! View as a PDF: https://lnkd.in/eQtRXND6

We have a lot of great events coming up! Check them out in our monthly newsletter by clicking below. https://lnkd.in/ejd8jJ2Y

Yesterday we had the pleasure of meeting with Matthew Heckles, the new Director of Delaware State Housing Authority. We shared our legislative priorities and our vision for making all kinds of housing more attainable for more Delawareans. Under Matthew’s leadership, we are excited to enter into a new era for our state, redefining what is possible as we strive to protect the American Dream of homeownership.

Homeownership is at the heart of the American Dream.?It builds generational wealth, creates stability, and fosters pride in our communities.?? ? Home building isn’t just about structures; it’s about creating opportunities.?A home is where families grow, where children create their dreams, and where lasting friendships are forged. We need to work together to ensure the American Dream of homeownership is possible for more Delawareans now and into the future.

2025 HBADE Bowling Tournament Wrap Up: Check out the best bowlers of the evening as well as our needs improvement bowlers. https://lnkd.in/eig8MqhJ

Some members of the Home Builders Association of Delaware contingency before our Area Caucus meeting at NAHB International Builders' Show. So lucky to work with these great volunteers!