The Delaware State Housing Authority is accepting applications through Dec. 15 for large project grants through the Downtown Development District Program.
The grants provide up to 20 percent rebates on qualified real property investments in one of the eight designated downtown districts in Dover, Georgetown, Harrington, Laurel, Milford, Seaford, Smyrna and Wilmington.
The application period is for large property construction or redevelopment project investments of more than $250,000. Qualified applicants include property owners, tenants, for-profit developers, nonprofit organizations, businesses and homeowners. Eligible project expenses include capital investments on rehabilitation, expansion or new construction for commercial, industrial, residential or mixed-use buildings within the district boundaries. Rebates are issued after the project is completed.
Applications for small projects — an investment of between $15,000 and $250,000 — are accepted on a rolling basis throughout the year contingent upon funding.
Applications for the large-project round must be received at DSHA by 4 p.m. Dec. 15.
For more, visit destatehousing.com/ddd or call 888-363-8808.