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The largest grant awarded in the county was $2,976,166, to Delaware Innovation Space.
According to the Internal Revenue Service, opportunity zones were added to the tax code under The Tax Cuts and Jobs Act of 2017. The bill has come under some criticism for creating another big tax break for the ultra-wealthy.
The following table shows how much the EDA invested in projects in all counties in Delaware in 2020.
Total awarded by county in Delaware (2020)
Rank | County | Total |
---|---|---|
1 | New Castle County | $4,791,166 |
ORGANIZATIONS IN THIS STORY
Bear• Edgemoor• Greenville• Town of Middletown• Town of Newport• Pike Creek Valley• Town of Townsend• Town of Odessa• City of Delaware• City of Newark• Hockessin• North Star• Town of Bellefonte• Pike Creek• Town of Elsmere• Village of Arden• City of New Castle• Wilmington Manor• Brookside• Claymont• Glasgow• Ardentown• Village Of Ardencroft• City Of Wilmington
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