Downtown Dover Partnership in Historic Downtown Dover Delaware
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DOWNTOWN DOVER PARTNERSHIP
302-678-2940

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Downtown Dover Incentives
DOWNLOAD INCENTIVE BROCHURE (PDF)

The Downtown Dover Partnership is a nonprofit organization dedicated to revitalizing our Historic Downtown Business Dis-trict. The DDP works hand in hand with the National Trust for His-toric Preservation’s Na-tional Main Street Center and the Downtown Dela-ware Main Street Initia-tive to create a variety of programs that serve to improve our district.

Our programs include:

  • A variety of financial incentives
  • Small Business Development Workshops
  • Small Business Loans in conjunction with the US SBA
  • Facade Grants to down- town property owners for exterior improvements to their buildings
  • Special events and activities to nurture the community at large

WHAT PROJECTS ARE ELIGIBLE?

  • New construction or renovation projects
  • Located within the target area
  • Fair market value of the materials to be used and the labor to be performed on the project exceeds the sum of $15,000
  • Is for commercial, office or a residential use

WHAT IS THE TARGET AREA?

  • The geographic boundaries of the downtown redevelopment area are defined in the Dover Code and include the Business Improvement District.
  • The Dover Code can be accessed at http://www.cityofdover.com Select Quick Links—Municipal Code

A map of the target area is provided on rear panel of this brochure.

WHAT ARE THE INCENTIVES?

  • Waiver of Permit Fees
    • Building, plumbing, mechanical & fire protection
  • Impact Fee Waiver
    • Requires multiple story new construction or renovation on one lot
    • Combination of retail, office, residential or commercial services (at least two)
    • Waiver of City sewer and water impact fees
  • Property Tax Waiver
    • 10-year waiver of property tax on improvements
    • 10-year period begins with building permit issuance
  • Contribution to Downtown Dover Partnership
    • 10 % of the value of incentives must be contributed to the DDP

A detailed description of these incentives and the redevelopment target area can be found in the Dover Code, Appendix C

DDP INCENTIVES

These awards subject to review and approval by the DDP Design Committee and the availability of funds.

  • Start-up Loan
    • Maximum $5,000
  • Downtown Merchant Loan
    • Maximum $15,000
  • Rehabilitation Loan Program
    • Maximum $150,000

These loans are subject to the review and approval of the DDP Economic Development Committee and the availability of funds.

Copyright © 2008-2011 Downtown Dover Partnership