GEORGETOWN, Del. — Delaware Gov. John Carney, Delaware State Housing Authority Director Anas Ben Addi, local legislators, town officials and business community members celebrated the grand opening of Splash Laundromat on Friday and presented a Downtown Development Districts (DDD) rebate check for $457,997 to owners Enrique and Veronica Nunez.
“I am honored to celebrate the grand opening of Splash Laundromat and present a DDD rebate check to Enrique and Veronica Nunez for their hard work to revitalize Georgetown’s downtown area,” says Carney. “This project demonstrates how the DDD program can be used as a valuable resource during this time for small businesses looking to expand, entrepreneurs opening new businesses, and homeowners completing renovation projects in our state’s downtowns.”
The Nunezes purchased the property where Splash Laundromat is located in September 2015. They renovated and expanded the vacant structure to include the Laundromat, a hair salon, and a coffee shop and snack bar on the first floor, with three apartments on the second floor. Total development cost for the project was nearly $2.7 million.
The Nunezes applied for and received a DDD reservation in fall 2017 in support of the project.
“We could not have completed this project without the support of the DDD program,” says Enrique Nunez. “This program gave us the financial security of knowing we would receive a portion of our total development cost back as a rebate. For a small-business owner, this security is crucial, especially given the current economic situation, and we are grateful to DSHA and the State of Delaware for offering business owners like us the opportunity to participate in the DDD program.”