reinvestment fund

Community reinvestment fund gets half of previous year

Sam HautGovernment, Headlines

The 2024 fiscal year community reinvestment fund allocates $45 million to 153 different organizations, a big drop from the $90 million allocated for 2023 fiscal year and the $70 million allocated in 2022. The fund is part of this year’s bond bill and comes from Senate Bill 160, sponsored by Sen. Jack Walsh, D-Stanton, which allocates $1,409,448,938 to address capital …

Ramone

Ramone: Pass the Seaford bill, or GOP won’t vote on bond bill

Sam HautGovernment, Headlines

Minority Leader Mike Ramone, R-Pike Creek, said Republicans who walked out of the House Thursday night will hold the bond bill hostage until the House Democrats agree to pass a charter change for the town of Seaford. “We’re not going to be voting until you pass reasonable bills,” he said. “They have a lot of young people. I guess they …

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Senate passes $1.4 billion for capital improvement 

Sam HautGovernment, Headlines

The Senate has approved $1.4 billion in capital improvement projects, along with a bill that would ban the LGBTQ panic defense, and a bill that adds more funding for the suicide crisis hotline. Senate Bill 160, sponsored by Sen. Jack Walsh, D-Stanton, would allocate $1,409,448,938 to address capital improvement projects across the state through this year’s bond bill.  Walsh said …

Leg Hall

Lawmakers praise formal application process for state grants

Charles MegginsonHeadlines, Government

A change to the way non-profits apply for state community development funds has lawmakers and advocates on both sides of the aisle applauding what they consider a victory for transparency in government. When the General Assembly passed the largest Bond Bill in state history this June, it authorized $90 million in grants for projects aimed at improving the economic, cultural, …

Leg Hall

General Assembly passes largest bond bill in history

Charles MegginsonGovernment, Headlines

The Delaware Senate on Wednesday voted to pass the largest bond bill in state history, weighing in at a whopping $1.4 billion.  The House of Representatives passed the spending package unanimously Tuesday afternoon. The bill allocates $1.4 billion toward roadway enhancements, school construction, courthouse expansion, state building renovations, library upgrades, state park improvements and clean water investments. “For the second …

Leg Hall Lights 1

State grants for non-profits now require formal application

Charles MegginsonGovernment, Headlines

The General Assembly’s budget-writing committee has launched a formal application process for non-profit community groups seeking capital grants through the Community Reinvestment Fund.  The lack of a formal application process last year ignited debate amongst legislators, some of whom said the process lacked transparency, resulting in gentlemen’s agreements and pork-barrel spending. The Community Reinvestment Fund is a capital grant program …

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State to perform quarterly audits of COVID relief, infrastructure funds

Charles MegginsonGovernment, Headlines

Photo by Utah778/Getty Images Pro. Delaware has set aside more than $3 million to audit agencies and nonprofit organizations that receive funding from federal infrastructure and COVID relief bills.  The state will perform quarterly reviews of agencies and organizations receiving funds to monitor the efficacy of investments and ensure compliance. Behind those efforts is Claire DeMatteis, senior counsel and special …

leghall

List of Bond Bill’s community projects still unpublished

Charles MegginsonGovernment, Headlines

    When the General Assembly passed a record-setting $1.3 billion bond bill last week, the spending package did not include a list of the $70 million in projects chosen by legislators for their districts. The Community Redevelopment Fund includes one-time allocations which legislators earmark for nonprofits, schools and community agencies in their districts. Ordinarily, each organization receiving funding would …