WILMINGTON, DE—After signing the state Fiscal Year 2015 budgetthat fully funded its new urban revitalization program, late lastweek Delaware Gov. Jack Markell released a draftapplication and booklet for the state's new DowntownDevelopment District program.
The $7-million program is geared at revitalizing Delawaredowntown areas hit hard by the recession. The first three districtsare expected to be named by year's end. A final application is tobe released by the end of this month.
Once downtown development districts are selected, projectswithin the districts qualify for grants of up to 20% of theconstruction costs. The grants are available for any type ofproject, including residential and mixed-use, according to the NewsJournal.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
