Real estate development projects in Wilmington, Dover and Milford will share in a new round of funding announced Wednesday by Gov. John Carney and the Delaware State Housing Authority.
The state’s Downtown Development District program will distribute a total of $4.6 million in rebates to eight projects in the three cities.
The DDD program provides a rebate to developers of projects that stimulate job growth and commercial vitality in eight designated downtown districts in Delaware: Dover, Georgetown, Harrington, Laurel, Milford, Seaford, Smyrna and Wilmington.
This latest round of funding brings the total amount of rebates awarded to $29.3 million since the first rebates were awarded in April 2015.
The projects slated to receive funding in the latest round are:
Wilmington
Dover
Milford
Click here to read the press release.
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Related Topics: Delaware Division of Small Business, Delaware State Housing Authority, Downtown Development Districts, Gov. John Carney