Delaware State Housing Authority - Cost Certification and Draw Guide 2020 - 2022 Allocations

Sep 12, 2026

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Delaware State Housing Authority provides a Cost Certification and Draw Guide to support mortgagors, contractors, and Independent Certified Public Accountants through the underwriting, construction, and cost certification phases of a multi-family LIHTC/HDF/HOME/NHTF/ARHP development. The guide outlines general requirements before and during construction, draw requisition policies for contractors and mortgagors, eligible cost categories for both mortgagors and contractors, and required forms. It also includes attachments on change order, insurance, and test and certification form sets, and specifies timing and DSHA contact expectations.

LanguageEnglish

CategoryForms

FormatPDF

Pages128

Reading Time45 min

AccessFree to download

Forward

General Definitions

General Development Requirements Prior to and During Construction

Architect Information

General Contractor Information

GC Selection/Bidding Requirements

GC Self-Perform Requirements

GC Reporting Requirements

Draw Requisition Policies

Contractor Draw Requisition Policies

Contractor’s Draw Requisition Line Items

Contractor’s Draw Requisition Forms

Mortgagor’s Draw Requisition Policies

Mortgagor’s Draw Requisition Line Items

Mortgagor’s Draw Requisition Forms

Cost Certification Guide

Eligible Mortgagor Costs

Eligible Contractor Costs

Attachment A – Change Order Policy

Attachment B – Insurance Policy

Attachment C – 10% Test Forms

Attachment D – Contractor’s Draw Forms

Attachment E – Mortgagor’s Draw Forms

Attachment F – Contractor’s Cost Certification Forms

Attachment G – Mortgagor’s Cost Certification Forms

Attachment H – 50% Test Forms

Delaware State Housing Authority Cost Certification and Draw Guide 2020 – 2022 Allocations Effective as of July 1, 2020 Table of Contents Forward .............................................................................................................................. 1 General Definitions ............................................................................................................ 2 General Development Requirements Prior to and During Construction .................... 5 Architect Information ....................................................................................................... 11 General Contractor Information ...................................................................................... 12 GC Selection/Bidding Requirements ............................................................................. 12 GC Self-Perform Requirements ..................................................................................... 13 GC Reporting Requirements .......................................................................................... 14 Draw Requisition Policies ................................................................................................. 16 Contractor Draw Requisition Policies ........................................................................... 16 Contractor’s Draw Requisition Line Items .............................................................. 19 Contractor’s Draw Requisition Forms ..................................................................... 27 Mortgagor’s Draw Requisition Policies ........................................................................ 29 Mortgagor’s Draw Requisition Line Items .............................................................. 31 Mortgagor’s Draw Requisition Forms ..................................................................... 41 Cost Certification Guide ................................................................................................... 43 Eligible Mortgagor Costs ............................................................................................... 49 Eligible Contractor Costs ............................................................................................... 52 Attachment A – Change Order Policy ................................................................................. 57 Attachment B – Insurance Policy ........................................................................................ 64 Attachment C – 10% Test Forms ......................................................................................... 75 Attachment D – Contractor’s Draw Forms .......................................................................... 79 Attachment E – Mortgagor’s Draw Forms .......................................................................... 90 Attachment F – Contractor’s Cost Certification Forms ....................................................... 97 Attachment G – Mortgagor’s Cost Certification Forms ...................................................... 113 Attachment H – 50% Test Forms……………………….................................................... 125 FOREWORD The Delaware State Housing Authority (DSHA) is the agency responsible for the financing of low-to moderate-income housing development through the Housing Development Fund (HDF), HOME Program, National Housing Trust Fund (NHTF), Affordable Rental Housing Program (ARHP), and the administration and allocation of Low Income Housing Tax Credits (LIHTC) for the State of Delaware. This Cost Certification and Draw Guide (“Guide”) was developed to assist mortgagors, contractors, and Independent Certified Public Accountants (ICPA) with DSHA’s housing development process includingthe underwriting, construction, and cost certification stages of a multi-family project. This manual is intended to be a guide for the LIHTC, HDF, HOME, NHTF, and/or ARHP

FAQs

Who uses the DSHA Cost Certification and Draw Guide, and for what stages?

Mortgagors, contractors, and Independent Certified Public Accountants use the guide to support underwriting, construction, and cost certification for multi-family projects.

What do the draw requisition and cost certification sections cover?

The guide provides draw requisition policies and line items/forms for both contractors and mortgagors, and it describes eligible costs for each party under the programs it serves.

Is DSHA contact required before starting cost certification?

Yes. The guide states ICPAs are required to contact DSHA prior to the start of the cost certification process to identify abnormal costs not disclosed through standard audit procedures.

Sep 12, 2026

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