The Downtown Development District Incentive Program

Grant REBATES of up to 20 percent are available to qualified investors with qualified real property investments.

These include; commercial, industrial, residential or mixed-use buildings or facilities located within Wilmington’s designated downtown District.

The DDD program is designed to spur private investment in commercial business districts, stimulate job growth, improve the commercial vitality of our cities and help build stable communities in our downtowns. Historic tax credits and other local and state incentives also are available! (link here)

Investors making a qualified real property investment greater than $250,000 must apply for a Large Project Reservation no later than May 15, 2017 by 4:00 pm.  Investors making a qualified real property investment between $15,000 and $250,000 may apply on a rolling basis, as long as funding is available.

Click on the link (here) to access DDD’s program guidelines, applications and forms.

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