Delaware SB33 amends the Downtown Development Corridors and Districts Act to revise definitions, grant eligibility, and administrative processes.

Delaware SB33 amends the Downtown Development Corridors and Districts Act by updating definitions, modifying grant eligibility criteria, and adjusting administrative processes. The bill revises the definition of "qualified real property investment" and specifies that investments must align with corridor or district plans. It also clarifies that the Delaware State Housing Authority (DSHA) can amend the minimum qualified investment threshold annually.

Delaware SB33 amends the Downtown Development Corridors and Districts Act to revise definitions, grant eligibility, and administrative processes.

Delaware SB33 amends the Downtown Development Corridors and Districts Act by updating definitions, modifying grant eligibility criteria, and adjusting administrative processes. The bill revises the definition of "qualified real property investment" and specifies that investments must align with corridor or district plans. It also clarifies that the Delaware State Housing Authority (DSHA) can amend the minimum qualified investment threshold annually.