The property of an authority is declared to be public property used for essential public purposes, and such property and an authority shall be exempt from all taxes and assessments of the city, the county, the State or any political subdivision thereof. In lieu of such taxes an authority may agree to make annual payments to such city or county for improvements, services and facilities furnished by such city or county for the benefit of the housing project, in amounts not to exceed the regular taxes which would be levied on such projects by the aforesaid taxing bodies if the project were not exempt therefrom. Bonds and other obligations of an authority are declared to be issued for an essential public and governmental purpose and to be public instrumentalities, and together with interest thereon and income therefrom, shall be exempt from taxes.
Structure Delaware Code
§ 4303. Creation of authority; appointment and removal of commissioners; area of operation.
§ 4304. Wilmington Housing Authority.
§ 4304A. Newark Housing Authority.
§ 4305. Interest of authority member or employee in projects.
§ 4306. Organization by commissioners; quorum; employment of assistants.
§ 4307. Compensation and expenses of commissioners.
§ 4309. Agreements with federal government.
§ 4310. Transfer of property to authority by municipalities.
§ 4311. Condemnation procedure.
§ 4312. Property as public property.
§ 4313. Projects subject to zoning regulations.
§ 4314. Issuance of evidences of indebtedness; rights of creditors.
§ 4315. Supervision of projects by the DSHA.
§ 4316. Material and labor contracts; bids.
§ 4318. Tax exemption; payments in lieu of taxes.
§ 4319. Exemption from execution sale.
§ 4320. Form and sale of bonds.
§ 4321. Authority to invest in bonds or other obligations of housing authorities.
§ 4323. Inspection of housing projects located within the City of Wilmington.