Thank You for Your Interest in Jumpstart Wilmington's Property Acquisition Program
The purpose of Jumpstart Wilmington is to promote the growth of local developer capacity through training and development to support neighborhood revitalization and community development solutions.
The Property Acquisition Pilot Program was created to address barriers graduates may experience moving projects forward – accessing property to acquire and develop.
Cinnaire/Jumpstart Wilmington is partnering with City of Wilmington's Department of Real Estate and Housing, Wilmington Neighborhood Conservancy Land Bank (WNCLB), and the Delaware Affordable Housing Group (DAHG) to address this property sourcing challenge to develop a pipeline of properties that will be exclusively available for Jumpstart Wilmington graduates to acquire.
In addition, developers in need of financial assistance for acquisition, construction, renovation of single-family homes, multi-family or mixed-use properties located in Wilmington are invited to apply to Jumpstart Wilmington's Loan Program.
For more information on the Property Acquisition program, click here.
HOW TO APPLY
This program is only available to developers who have successfully completed the Jumpstart Wilmington training program. This means that you have attended all training sessions, including the orientation session.
Eligibility Screening:
- Download and complete the Letter of Eligibility from the Property Acquisition Pilot Program webpage.
- Submit the completed Letter of Eligibility to jumpstartwilmington@cinnaire.com and a Jumpstart Wilmington team member will review your submission and certify your eligibility to apply.
- If eligible, you will receive a certified Letter of Eligibility (with signature from a Jumpstart Wilmington team member) and a link to the application webpage which will enable you to move forward with the application process. Please retain the certified Letter of Eligibility because you will need to submit a copy with your application(s).
- The application webpage link should not be shared.
Open House:
- The application webpage will contain the Open House Schedule, with available dates to visit the 5 homes between May 5 and June 6. You must attend at least one open house prior to submitting your application. Verification that you have visited an open house for the property you are bidding on will need to be submitted with your application. Please note: A Disclosure and Release Liability Waiver will need to be submitted before visiting any of the units.
Information Session:
- You will need to have attended a Jumpstart Wilmington Property Acquisition Program Information Session held on Thursday, April 24, 2025 or listen to the information session recording.
Application Process:
The following application process must be followed for the five (5) properties.
- Jumpstart Wilmington developer will complete a WNCLB application.
- Applications will be scored using WNCLB review and scoring criteria.
- The WNCLB Disposition Committee will review and score the applications and make recommendations for the WNCLB board approval.
- The WNCLB will review the Disposition Committee’s recommendation and provide a final decision on approval/denials. .
The WNCLB application will be used to consider acquisition requests for all 5 properties under this phase. Applicants will be asked to provide detailed information regarding the proposed project, including but not limited to:
- Proforma
- Construction budget
- Comprehensive Scope of Work
- Proof of funding
- Project timeline
The completed application must be submitted to: jumpstartwilmington@cinnaire.com
A maximum of one property will be awarded per Jumpstart Wilmington developer. If you are interested in multiple properties, you will be permitted to submit applications for each of the multiple properties, however, only one (1) property will be awarded per person. If submitting multiple applications, please rank the preference of each property on the application for consideration.
Application Deadline: Applications will be due by Monday, June 9, 2025, 5pm EDT and should be submitted to jumpstartwilmington@cinnaire.com. Applicants will be notified on their award by July 11, 2025.
Jumpstart Wilmington developers will be able to apply to the Property Acquisition Pilot Program starting May 5, 2025.
Application Package:
Your application package should contain:
- Application cover page certifying that you have included the following things:
- Letter of Eligibility Form
- WNCLB Disclosure and Release Liability Waiver
- Confirmation you have attended at least one (1) open house.
- Confirmation you have attended the Jumpstart Wilmington Information Session or watched the recording.
- Certificate of Completion from BrightFields Lead Renovation, Repair and Painting (RRP) Course .
- WNCLB Application
- WNCLB Disclosure and Release Liability Waiver
- Jumpstart Wilmington Letter of Eligibility Certification Form (signed by a Jumpstart Wilmington Team Member)
- Certificate of Completion from BrightFields Lead Renovation, Repair and Painting (RRP) Course
- Driver’s License or Photo Identification showing your state and city of residence
If you have any questions, please email jumpstartwilmington@cinnaire.com.
Available Properties
The Property Acquisition Program Phase 3 will consist of a total of 5 properties that will be made available for our Jumpstart Wilmington graduates to acquire from the Wilmington Neighborhood Conservancy Land Bank and develop.
Phase
Phase 3
Partner Entity
Five (5) Wilmington Neighborhood Conservancy Land Bank properties
Property Address
- 1120 North Heald Street
- 1132 North Heald Street
- 1134 North Heald Street
- 2205 Pine Street
- 926 Kirkwood Street
Date Available
May 5, 2025
The right is reserved to reject any and/or all proposals, to waive technicalities, to advertise for new proposals, or to proceed to do the work otherwise, if in the judgement of the City of Wilmington.
Click Here to Download Property Acquisition Application Form
Open house schedule
Please see the open house schedule below with available dates to visit the 5 WNCLB properties between May 5 and June 6. Jumpstart Wilmington can visit these properties to inspect.
You must attend at least one open house prior to submitting your application. Verification that you have visited an open house for the property you are bidding on will need to be submitted with your application.
Please note: A Disclosure and Release Liability Waiver will need to be submitted before visiting any of the units. Please submit the completed liability waiver to Ray Saccomandi at ray.saccomandi@wilmingtonlandbank.org and jumpstartwilmington@cinnaire.com.
Open House Schedule - Each property has five available dates to choose from:
2025: May 9, May 14, May 23, May 30 and June 6
| Property | ||
|---|---|---|
| 2205 Pine Street | May 9, May 14, May 23, May 30, June 6 | 9:30 a.m. - 1:30 p.m. |
| 926 Kirkwood Street | May 9, May 14, May 23, May 30, June 6 | 9:30 a.m. - 1:30 p.m. |
| 1120 North Heald Street | May 9, May 14, May 23, May 30, June 6 | 9:30 a.m. - 1:30 p.m. |
| 1132 North Heald Street | May 9, May 14, May 23, May 30, June 6 | 9:30 a.m. - 1:30 p.m. |
| 1134 North Heald Street | May 9, May 14, May 23, May 30, June 6 | 9:30 a.m. - 1:30 p.m. |
