New Castle County Programs
Bond Financing
New Castle County Government offers tax-exempt bond financing for projects relating to infrastructure, energy, community development and other economic development purposes.
Redevelopment Ordinance
New Castle County?s Redevelopment Ordinance encourages smart growth and revitalization of older communities by offering incentives and accelerated permitting for entities that redevelop brownfields and existing vacant properties.
Route 9 and 13 Corridors Economic Development Plan
New Castle County, along with area stakeholders, are undertaking an economic development plan for the Rt. 9 and 13 commercial and industrial corridors located just south of Wilmington, as well as the City of New Castle. The plan capitalizes on the area's infrastructure and assets, and assists small and medium sized business, as well as exporters.
Qualified Energy Conservation Bonds
New Castle County is offering Qualified Energy Conservation Bonds (QECB), which are designed to provide low-interest financing for green energy and energy efficiency projects for qualifying businesses. Projects must be located in qualifying districts, and over 90% of the county is eligible. The U.S. Department of Energy (DOE) provided New Castle County with a $1.62 million QECB issuance allocation. View the details of this program at: http://www1.eere.energy.gov/wip/solutioncenter/financialproducts/qecb.html.
Contact Karl Kalbacher, Director of Economic Development for more information at 302-395-5959 or KKalbacher@nccde.org.