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Downtown Development District Program Celebrates Housing Rehabilitation Successes In 2022 Annual Report
















Downtown Development District Program Celebrates Housing Rehabilitation Successes In 2022 Annual Report – State of Delaware News



























Downtown Development Districts logo

Dover, Del. March 10, 2023 – The Downtown Development Districts (DDD) program, administered by the Delaware State Housing Authority (DSHA), recently released its Fiscal Year 2022 (FY2022) Annual Report and Story Map.

During FY2022, 64 development projects were completed receiving $4.6 million in state funds and leveraging $44 million in private investment. A majority were accomplished by rehabilitating existing buildings, which had been long vacant, and placing them back into productive use.

In addition, several historic properties were renovated to include mixed-use buildings with commercial or retail on the first floor and residential on the upper floors, helping to preserve the character of Delaware’s downtowns.

  • Ninth Street Holdings LLC in New Castle – A dilapidated structure, considered a blight on the neighborhood, was demolished and replaced with six town homes with brick
  • Triple Twelve LLC in Middletown – Originally a residence dating back to the 1800s, this building has been renovated into a tasting room and beer garden for a micro-brewery. This popular destination is attracting more visitors to Middletown while supporting surrounding businesses.
  • 200Front LLC in Milford – Long dilapidated structures were demolished over several parcels to construct and design nine affordable townhomes to complement the North Milford Historic District.

The DDD program was created by legislation proposed by Governor Markell and passed unanimously in May 2014 by the General Assembly. Through state and local collaborations, robust incentives are provided to overcome the financial barriers and redevelopment challenges associated with downtown infill development.

Since its inception, the program has catalyzed private investment in designated Delaware’s downtown districts, spurring 357 projects completed and placed in service to transform distressed downtown areas into vibrant community centers.

The twelve districts are dispersed across the state, including Clayton, Delaware City, Dover, Georgetown, Harrington, Laurel, Middletown, Milford, New Castle, Seaford, Smyrna, and Wilmington.

Further development successes can be found on the program’s Story Map. This interactive website details the DDD projects in local areas that have received rebates or are currently in the pipeline.

Applications for 2022 Large Projects are currently closed. Applications for 2022 Small Projects are accepted on a rolling basis. For more information on DDD, please visit the DSHA website. The full annual report is available here.

About Delaware State Housing Authority

The Delaware State Housing Authority (DSHA), formed in 1968, is dedicated to providing quality, affordable housing opportunities and appropriate supportive services to low- and moderate-income Delawareans. In addition to its role as the State’s Housing Finance Agency, DSHA is unique in that it also serves as a Public Housing Authority and acts as a Community Development and Planning Agency. As a Public Housing Authority, DSHA receives funding from HUD to build, own and operate public housing in Kent and Sussex counties, two of

Delaware’s three counties. For more information about DSHA, please call (302) 739-4263 or visit destatehousing.com.

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Related Topics:  Delaware State Housing Authority, Downtown Development Districts

Graphic that represents delaware news on a mobile phone

Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.

Here you can subscribe to future news updates.

Downtown Development Districts logo

Dover, Del. March 10, 2023 – The Downtown Development Districts (DDD) program, administered by the Delaware State Housing Authority (DSHA), recently released its Fiscal Year 2022 (FY2022) Annual Report and Story Map.

During FY2022, 64 development projects were completed receiving $4.6 million in state funds and leveraging $44 million in private investment. A majority were accomplished by rehabilitating existing buildings, which had been long vacant, and placing them back into productive use.

In addition, several historic properties were renovated to include mixed-use buildings with commercial or retail on the first floor and residential on the upper floors, helping to preserve the character of Delaware’s downtowns.

  • Ninth Street Holdings LLC in New Castle – A dilapidated structure, considered a blight on the neighborhood, was demolished and replaced with six town homes with brick
  • Triple Twelve LLC in Middletown – Originally a residence dating back to the 1800s, this building has been renovated into a tasting room and beer garden for a micro-brewery. This popular destination is attracting more visitors to Middletown while supporting surrounding businesses.
  • 200Front LLC in Milford – Long dilapidated structures were demolished over several parcels to construct and design nine affordable townhomes to complement the North Milford Historic District.

The DDD program was created by legislation proposed by Governor Markell and passed unanimously in May 2014 by the General Assembly. Through state and local collaborations, robust incentives are provided to overcome the financial barriers and redevelopment challenges associated with downtown infill development.

Since its inception, the program has catalyzed private investment in designated Delaware’s downtown districts, spurring 357 projects completed and placed in service to transform distressed downtown areas into vibrant community centers.

The twelve districts are dispersed across the state, including Clayton, Delaware City, Dover, Georgetown, Harrington, Laurel, Middletown, Milford, New Castle, Seaford, Smyrna, and Wilmington.

Further development successes can be found on the program’s Story Map. This interactive website details the DDD projects in local areas that have received rebates or are currently in the pipeline.

Applications for 2022 Large Projects are currently closed. Applications for 2022 Small Projects are accepted on a rolling basis. For more information on DDD, please visit the DSHA website. The full annual report is available here.

About Delaware State Housing Authority

The Delaware State Housing Authority (DSHA), formed in 1968, is dedicated to providing quality, affordable housing opportunities and appropriate supportive services to low- and moderate-income Delawareans. In addition to its role as the State’s Housing Finance Agency, DSHA is unique in that it also serves as a Public Housing Authority and acts as a Community Development and Planning Agency. As a Public Housing Authority, DSHA receives funding from HUD to build, own and operate public housing in Kent and Sussex counties, two of

Delaware’s three counties. For more information about DSHA, please call (302) 739-4263 or visit destatehousing.com.

image_printPrint

Related Topics:  Delaware State Housing Authority, Downtown Development Districts

Graphic that represents delaware news on a mobile phone

Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.

Here you can subscribe to future news updates.




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