b'OPPORTUNITY LIVES HEREDowntown Development District Opportunity Zones and Downtown Development DistrictThe 2nd Senatorial District overlaps a small portion of Wilmingtons Downtown Development District (DDD), as shown in map to the right. Delawares DDD Program offers grants to offset up to 20 percent of qualifying capital construction costs. Individual DDDs may have additional incentives. 17Opportunity ZonesAs shown in the Opportunity Zones and the Downtown Development District Map, most of the plan area is overlapped by Opportunity Zones. Opportunity Zones are a federal economic development tool intended for distressed communities. They incentivize investment in projects in an Opportunity Zone by providing preferential tax treatment to investors. Census tracts can become Opportunity Zones via a nomination by the governor followed by certification by the IRS. Delawares Division of Small Business maintains a website about Delawares Opportunity Zones. I-495I-95HUBZones The HUBZone program is another federal economic development program. HUBZone stands for Historically Underutilized Business Zone. The program isRT 13intended to support small businesses and bring job growth to disadvantaged areas. The program reserves at least 3 percent of federal contract dollars forI-295awarding to HUBZone-certified companies each year. The U.S. Small Business Administration maintains an interactive online HUBZone Map, which is searchable by address. As shown on that map, the District overlaps with CensusLegendtracts that have been designated as HUBZones. Therefore, small businessesDelaware State 2nd Senate Districtlocated in these HUBZones that meet other program criteria are eligible toDowntown Development District (2019 boundary)become HUBZone-certified.Opportunity Zone17For more information about the DDD program, visit https://stateplanning.delaware.gov/about/ddd.shtml.Delaware Three Rivers Area Economic Development Master Plan 71'