City of New Castle’s New First-Time Home Buyer (FTHB) Transfer-Tax Exemption for its Downtown Development District

The City of New Castle has created a first-time home buyer (FTHB) transfer tax exemption program limited to residential properties within its specifically designated Downtown Development District (DDD). If the property is within the DDD of the City of New Castle, the standards to qualify mirror the State of Delaware’s own FTHB standards . You are encouraged to call the City of New Castle at 302-322-9801 to verify a property’s eligibility. I have attached the ordinance creating it in October 2019 and the map of the DDD below.