Economic Incentive Grants have been utilized to assist businesses with new road infrastructure and fiber optic installs.
Tax Increment Financing (TIF)
If your project requires public infrastructure improvements such as roads, water, sewer, etc., TIFs can be utilized to either finance the City's contribution towards that infrastructure or reimburse the private developer for their contribution up to a negotiated amount.
In accordance with all policies and structure set forth in the ORC 5709.40, 5709.41, 5709.411, 5709.42, and 5709.43, the City of Delaware may utilize Tax Increment Financing tax incentives to assist in paying for public infrastructure for an economic development project when the parcel is not within an existing Tax Increment Financing District.
Forms, Applications and Downloads