$682,575 awarded central Nebraska region for housing projects

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$682,575 awarded central Nebraska region for housing projects

The Nebraska Department of Economic Development has awarded $682,575 in Nebraska Affordable Housing Trust Funds (NAHTF) and HOME Funds to several organizations serving the housing needs of citizens living in central Nebraska.

The Nebraska Department of Economic Development has awarded $682,575 in Nebraska Affordable Housing Trust Funds (NAHTF) and HOME Funds to several organizations serving the housing needs of citizens living in central Nebraska.

The awards and organizations or communities include:

• $150,780 NAHTF to Central Nebraska Economic Development District, a nonprofit 501(c)(3), Chambers, Neb., to rehabilitate five single-family rental units in Blaine, Boyd, Brown, Cherry, Custer, Garfield, Greeley, Hamilton, Holt, Howard, Keya Paha, Loup, Merrick, Rock, Sherman, Valley and Wheeler counties. The pilot project will loan funding to landlords to make repairs to rental units…all of which are rented to qualifying tenants earning at or below 80 percent of the Area Median Family Income. Contact Judy Petersen at 402-340-0106, or judy@cnhdhome.org

•$150,000 HOME to NEHI, Inc., a nonprofit 501 (c)(3) Community Housing Development Organization, Allen, Neb., to purchase, rehabilitate and resell five homes in Antelope and Knox counties to qualifying low-income first-time homebuyers earning at or below 80 percent of the Area Median Family Income. Down payment assistance up to $20,000 per home will be available, as well as $2,000 closing costs per home when other funds are unavailable. Contact Linda Kastning at 402-635-2078, or nehi@nntc.net

•$255,000 NAHTF to the Stuart Village Manor, Inc., a nonprofit 501 (c)(4), Stuart, Neb., to construct a duplex, each unit featuring two bedrooms, new household appliances, including washers/dryers, and single-stall garages, located near other Stuart Village Manor units, within walking distance from the downtown, school and city park. The units will be rented to qualifying tenants earning at or below 80 percent of the Area Median Family Income. Stuart Village Manor, Inc., established in 1978 currently features ten rental units (two four-plexes and an original duplex), all rarely vacant. Contact Kathy Kohle at 402-924-3647, or stuart@elkhorn.net

•$126,795 NAHTF to the Village of Wolbach to rehabilitate a nearly 40-year-old apartment four-plex owned by the Village and occupied by qualifying tenants earning at or below 80 percent of the Area Median Family Income. The units have mostly provided transitional housing for families or individuals returning or relocating to the Village who are ultimately interested in purchasing homes. Contact Bonnie Gilpin at 308-246-5278, or wolvillage@gpcom.net

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