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August 21, 2019 In In The News

Gov. Carney announces new Downtown Development District designations

From Delaware Business Times

Clayton, Delaware City, Middletown and New Castle on Monday were designated Downtown Development Districts, joining Dover, Georgetown, Harrington, Laurel, Milford, Seaford, Smyrna and Wilmington.

Private construction projects within these districts can receive rebates of up to 20 percent of their capital construction costs,from this year’s $8.5 million pool of state funding.

“The workforce of the future wants interesting places to live in and cool things to do,” Gov. John Carney said at a Aug 19 announcement ceremony in Delaware City, also calling the state program “one of the most successful” that he has known in his nearly 30 years in state and local government.

Read more:

https://www.delawarebusinesstimes.com/downtown-development-districts-auguest-2019/