Delaware Data and Stories

State Fact Sheet

Map of Selected Projects in Delaware

Community Testimonials

The New Markets Tax Credit program incentivizes community development and economic growth through tax credits that attract private investment to distressed communities in our State and throughout the Country.

-Sarah Long, Delaware Bankers Assoc., Dover, DE

Selected Projects in Delaware

EastSide STEM HUB, Inc.

Wilmington,
DE
(2023)

Manufacturing, Youth and Families

CDE(s): Cinnaire New Markets, USBCDE

Wilmington STEM Hub Funded by NMTC & Community Partners

Latin American Community Center (Pre Development)

Wilmington,
DE
(2021)

CDE(s): NeighborGood Partners

Development of a 15,000 sq. ft. early childhood development facility in the Westside/West Center City area.

Fintech Building

Newark,
DE
(2020)

Adult Education, Brownfield Remediation, Business Development, College or Vocational Training, Community, Incubator, Manufacturing

CDE(s): Cinnaire New Markets, NeighborGood Partners

An NMTC investment from Cinnaire supported the development of a new, 100,000-square-foot building dedicated to financial technologies at the University of Delaware’s Science.

Ships Tavern Row

Wilmington,
DE
(2006)

Historic Rehabilitation, Office, Retail, Retail and Commercial

CDE(s): CCG Community Partners

Rehab of the historic Ships Tavern Row which once served as the gateway to historic downtown Wilmington, Delaware, a bustling commercial district.

Site visits and recent news related to Delaware NMTC Projects

University of Delware Tech Parks Fintech Center Gets $9 Million Tax Credit Allocation

August 12, 2020