Skip to main content
You are the owner of this article.
You have permission to edit this article.
Edit
Lincoln nonprofits get state grants for affordable housing
0 Comments
editor's pick

Lincoln nonprofits get state grants for affordable housing

  • Updated
  • 0
1105 E Street, 10.8

Isabel Salas, a community organizer at South of Downtown Community Development Organization, and the house her nonprofit helped build at 1105 E St.

Three Lincoln nonprofits have received a total of $5 million in grants and matching funds for affordable housing from the state.

The grants are among $14.6 million awarded to 10 nonprofits in Douglas, Sarpy and Lancaster counties by the Nebraska Department of Economic Development and the Nebraska Investment Finance Authority through Nebraska’s Middle Income Workforce Housing Fund and Urban Workforce Housing Match program.

The Lincoln nonprofits and their awards include: the Nebraska Housing Resource ($1 million grant; $666,667 match); Neighborworks Lincoln ($1 million grant; $666,667 match); and South of Downtown Community Development Organization ($1 million grant; $666,666 match).

City passes new rules for short-term rentals without requiring 600 feet of space between them

“After recently announcing grants under the Rural Workforce Housing Fund, today the State is issuing awards to help build affordable homes in our urban communities,” Gov. Pete Ricketts said in a prepared statement. “Increasing the availability of high-quality, affordable homes will grow our workforce as we continue to create great-paying jobs in Nebraska.”

Created under the 2020 Middle Income Workforce Housing Investment Act passed by the Legislature, the fund provides matching grants to Nebraska nonprofits for investments into older neighborhoods and higher minority areas within parts of Douglas, Lancaster, and Sarpy counties.

The awards will enable recipients to invest in revolving housing funds and initiate projects — from new construction or rehabilitation to upper-story development — that add to the quantity of owner-occupied workforce housing options in their service areas.

Housing market led to valuation increases for many Lancaster County property owners

“Supporting the organizations who are out there, with boots on the ground, building stronger neighborhoods and better communities is one way we will achieve our goals for housing in our state,” said Anthony L. Goins, director of the Nebraska Department of Economic Development. 

The state contributed $9,601,990 to today’s awards, with the Finance Authority supplying another $5 million in matching dollars through its Urban Workforce Housing Match program. Each of the recipients is also required to contribute at least a one-to-one match.

City of Lincoln owns 2,000 acres of farmland; urban agriculture project planned

Reach the writer at 402-473-7226 or mreist@journalstar.com.

On Twitter @LJSreist

0 Comments
0
0
0
0
0

Get Government & Politics updates in your inbox!

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.

Local government reporter

Margaret Reist is a Lincoln native, the mom of three high school graduates now navigating college and an education junkie who covers students, teachers and policymakers inside and outside the K-12 classroom.

Related to this story

Get up-to-the-minute news sent straight to your device.

Topics

News Alerts

Breaking News

Husker News