Delaware State Housing Authority (DSHA)
01/16/20 For Large Projects (4:00 PM); Small Project Lite-Reservation and Small Project DDD Rebate applications are accepted on a rolling basis.
Grants to Delaware nonprofit organizations, businesses, for-profit developers, tenants, homeowners, and property owners to make property investments in designated downtown districts. Funding is intended to support qualified real property investments in industrial, commercial, residential, and mixed-use buildings and facilities. Eligible districts include Dover, Seaford, Wilmington, Georgetown, Harrington, Laurel, Milford, Smyrna, Clayton, Delaware City, Middletown, and City of New Castle.
The Downtown Development Districts Act was created to leverage state resources in a limited number of designated areas in Delaware’s cities and towns to:
Under this Act, funding was allocated through the General Assembly to DSHA for the purpose of establishing and administering the DDD Rebate Program. Investors who make Qualified Real Property Investments (QRPI) to buildings or facilities may apply to DSHA for a DDD Rebate.
To be Eligible to Apply for a DDD Rebate
Funding is available for the following types of projects: Small Project Set-Aside or for Large Project Set-Aside.
DSHA considers several factors when determining eligibility of expenses for projects and reserves the right to determine final eligibility. Factors considered, but not limited to:
For more details about eligible expenses, see http://www.destatehousing.com/Developers/developermedia/ddd_guidelines.pdf#page=7.
GrantWatch ID#: 180722
Small Project Set-Aside:
Minimum Qualified Investment Threshold (MQIT): $ 25,000
Maximum Award: $70,000 per building or facility
Large Project Set-Aside:
Minimum Qualified Investment Threshold (MQIT): $ 350,000
Maximum Award: $1,500,000 per building or facility
Small Project Lite-Reservation: Project Timeline/Building Permit. Applicants must demonstrate:
- Evidence the project is ready to commence and able to be completed within 12 months of the Lite-Reservation date.
- Detailed timeline of project. Construction activity must commence within 60 days of the Lite-Reservation date.
Large Project Set-Aside: Applicants must demonstrate project’s ability to be 15% substantially commenced within one (1) year from date of Reservation. DSHA will verify at the one-year benchmark that at least 15% of all heavy construction activity has been completed. Applicants must provide a detailed timeline that demonstrates the project’s ability to meet the following Reservation deadlines:
- Ownership of property within 120 days of Reservation date, if applicable;
- Substantially commence within 12 months from Reservation date; and
- Complete project within 3 years from Reservation date.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
For questions or application assistance, contact:
Penny Pierson, Community Development Manager
Phone: (302) 739-4263, ext. 246
Direct: (302) 739-0246
Tunisha Scott, Community Development Analyst I
Phone: (302) 739-4263, ext. 221
Direct: (302) 739-0221
USA: Delaware: The Downtown Development Districts of Dover, Seaford, Wilmington, Georgetown, Harrington, Laurel, Milford, Smyrna, Clayton, Delaware City, Middletown, and City of New Castle