Paid Content by Delaware State Housing Authority – Revamping Downtown Dover

Paid Content by Delaware State Housing Authority – Revamping Downtown Dover


DISTRICT’S REBATE PROGRAM IT’S A PROGRAM THAT’S ACTUALLY DONE A LOT TO REVAMP DOWNTOWN SILVER AND HEY IF YOU HAVE A PROJECT IN MIND THE PROGRAM MIGHT BE ABLE TO PROPEL IT INTO EXISTENCE TOO AS WE HEAR FROM ONE OR TWO FIVE WB OVERSEAS COREY FEVERS TAKE A LOOK AT DOWNTOWN DOVER THE BUILDINGS THAT HOUSE THE CITY’S RICH HISTORY BUSTLING BUSINESSES AND PROPERTIES FULL OF POTENTIAL POTENTIAL THAT NOW HAS POSSIBILITY THANKS TO THE DOWNTOWN DEVELOPMENT DISTRICT’S REBATE PROGRAM WHICH IS BRINGING INCENTIVES FROM THE STATE THE LOCAL JURISDICTION TO ENCOURAGE AND STIMULATE PRIVATE INVESTMENT WITHIN DOWNTOWN AND THUS BEEN HE IS THE DIRECTOR OF THE DELAWARE STATE HOUSING AUTHORITY WHICH IS THE DRIVING FORCE BEHIND THIS PROGRAM. HE SAYS ONE OF THE MAIN INCENTIVES IS REBATES UP TO 20 PERCENT IS AVAILABLE FOR CAPITAL IMPROVEMENTS THAT WILL BREATHE LIFE BACK INTO DELAWARE TO HOW BY WHAT DOWNTOWN IS TO GO BACK TO THEIR PAST GLORY WHERE PEOPLE DIDN’T JUST COME TO WORK BUT THEY WORKED SHOPPED DINE AND HAVE FUN WITH IT. WHEN DOWNTOWNS DROVERS DOWNTOWN WAS ONE OF THE FIRST IN THE STATE TO BE DESIGNATED A DOWNTOWN DEVELOPMENT DISTRICT. FITTING RIGHT OTHER CITIES INCLUDE SEAFORD SMYRNA MILFORD HERRINGTON GEORGETOWN AND LAUREL. ONCE THE JURISDICTION RECEIVED THE DESIGNATION IS VALID FOR 10 YEARS. ANYONE WITH AN IDEA CAN APPLY. IT’S A REALLY WORTHWHILE FOR THE HOMEOWNER WHO WAS REPLACING A ROOF ALL THE WAY UP TO INVESTORS WHO WOULD INVEST IN MILLIONS OF DOLLARS TO LOOK AT THE DOWNTOWN DEVELOPMENT REBATE AND THE REBATES ARE AVAILABLE FOR BOTH LARGE AND SMALLER PROJECTS. THE ROUND OF APPLICATION FOR LARGE PROJECTS WHEN WE DESCRIBE LARGE PROJECTS AS ANYTHING MORE THAN 350 THOUSAND WATER FOR INVESTMENT IS OPEN RIGHT NOW FOR A COUPLE OF MONTHS FOR SMALLER INVESTMENTS WHICH ARE LESS THAN 350 THOUSAND. IT’S AN OPEN ROUND. IT’S FIRST COME FIRST SERVE. WE HAVE ABOUT TWO MILLION DOLLARS THAT’S AVAILABLE RIGHT NOW AND PEOPLE ARE JUMPING ON THIS OPPORTUNITY. WHEN YOU LOOK AT THE END OF SIXTY SEVEN PROJECT THAT WE HAVE FUNDED IT’S ALMOST HALF HALF 77 TO 90 WARDS OF SMALL VERSUS LARGE INVESTMENT FOR THOSE WHO HAVE TAKEN ADVANTAGE OF THIS PROGRAM SUCH AS KRISTEN STONESIFER FROM HOUSE OF COFFEE. IT’S PAID OFF BUT TAKE A CLOSER LOOK AROUND THE CITY AND YOU’LL SEE OTHER PROJECTS THAT ARE THROUGH GIVING THANKS TO THIS INITIATIVE HERE IN DOVER. WE HAVE INVESTED ABOUT TWO MILLION DOLLARS WORTH OF REBATES IT HAS LEVERAGE ABOUT 14 MILLION WORTH OF INVESTMENTS AND IT HAS VARIED FROM HOUSING PROJECTS DOWN IN KIRKWOOD. MARY QUINCE TREATS TO A THREE STOREY OFFICE SPACE TO SOME OF THE AIRY PLACES LIKE GREY FOX IT’S EASY TO UNDERSTAND THE EXCITEMENT SURROUNDING THIS PROGRAM. IT’S A PROGRAM THAT’S WORKING THANKS TO DEDICATED TEAMS COMING TOGETHER WITH ONE GOAL IN MIND TO MAKE SURE THAT DOWNTOWN DOVER IS REVAMPING REIGNITE EATING AND RESTORING DOWNTOWN DOVER. ONE POWERFUL PROJECT AT A TIME THAT THERE’S A LOT OF INFORMATION PACKED INTO THIS PROGRAM WE’VE LINKED ITS WEBSITE TO DELMARVA LIKED TO MAKE IT EASY FOR YOU TO CHECK OUT DEADLINES ELIGIBILITY GUIDELINES OR MAYBE YOU JUST WANT TO READ UP ON SOME OF THE PROJECTS THAT HAVE ALREADY RECEIVED REBATES. IT’S PRETTY

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