THIS STORY HAS BEEN UPDATED. New Castle County officials provided an update this week on the Family Housing Opportunities for Purposeful Empowerment (HOPE) Project, a major initiative aimed at reducing homelessness among vulnerable families. During a presentation to the County Councilâs Community Services Committee on Tuesday, Michael Bowser, policy director for the county executiveâs office, outlined recent progress in securing …
Cinnaire closes $340M fund for affordable housing, including Wilmingtonâs Imani Village
Cinnaire has announced the closing of a $340 million Low-Income Housing Tax Credit (LIHTC) multi-investor fund, the largest in its 32-year history. Known as Fund 43, the investment will support the development and preservation of affordable housing across 11 states, including a major project in Wilmington. The fund will finance 33 developments, resulting in 2,455 affordable housing units and benefiting more …
Darius Brown: City’s Three Rivers area seeking development
Companies looking to grow a business in the MidAtlantic need look no farther than Wilmington’s Three Rivers region for available real estate and for a community that will support a business and help it grow. That’s the message Sen. Darius Brown, D-Wilmington, will highlight Wednesday, Nov. 1, in his Opportunity LIVES Here symposium at the Chase Center on the Riverfront. …
Could these new homes break the cycle of poverty?
Shortly after single mother of two Alison Mendez moved into northeast Wilmingtonâs Riverside neighborhood five years ago, there was a shooting right behind her home. âIt scared me and my kids,â Mendez said. âBut today, it’s changed.â She spoke before a crowd of some 300 community members, among them leaders in government, business, nonprofit, and philanthropy. They gathered in Riverside …
Wilmington neighborhood to receive $26.4 million COVID-19 relief funds
Wilmingtonâs Riverside neighborhood will receive $26.4 million in federal COVID-19 relief funds to support its already-underway revitalization project. The funds come from more than $1 billion the state received from the American Rescue Act, a federal stimulus package aimed at hastening the economic recovery from the pandemic. Gov. John Carney was joined Monday by Delawareâs federal congressional delegation to …
Three takeaways on achieving Black excellence and influencing Wilmingtonâs future
The panelists said that growing up, they had Black role models who lifted them up and showed them what success looks like.