DOVER – Delaware State Housing Authority (DSHA) is accepting applications through June 1 for large project rebate reservations through the Downtown Development Districts (DDD) program. Investors who make qualified real property investments in one of 12 designated districts can apply for a rebate of up to 20 percent of eligible costs. The designated districts are: […]
Governor Carney officially designated four new Downtown Development Districts – in Delaware City, Middletown, New Castle and Clayton. Investors who make qualified improvements to residential, commercial or industrial properties in those districts now may qualify for state and local development incentives, including a rebate of up to 20 percent of eligible costs upon completion of the project.
DOVER – Twelve downtown revitalization projects in Milford, Smyrna and Wilmington have been selected to receive funding through Delaware’s Downtown Development Districts (DDD) program, with $5.5 million in rebates leveraging $103 million in total investment, Governor John Carney and the Delaware State Housing Authority (DSHA) announced today. Established in May 2014, the DDD program was […]
New tool to attract private investments in economically-distressed areas WILMINGTON, Del. – Governor John Carney announced on Thursday a new interactive website highlighting Delaware’s Opportunity Zones across the state. Opportunity Zones are an economic development tool designed to attract private investment and create economic opportunity in economically-distressed communities across Delaware. In April 2018, Governor Carney […]
Federal tax incentives available for qualifying investments in Opportunity Zones DOVER, Del. – Governor John Carney announced on Thursday that communities and economically-distressed properties across Delaware could see additional private sector investment after 25 census tracts were designated as Opportunity Zones by the U.S. Department of the Treasury. Earlier this month, Governor Carney nominated the […]