Under the 2023 program cycle, NAHTF recipients will receive assistance for housing projects and non-profit technical support for a total of 23 projects statewide.
The Nebraska Department of Economic Development (DED) is pleased to announce the recipients of $12.75 million in awards under the 2023 application cycle of the Nebraska Affordable Housing Trust Fund (NAHTF).
The Nebraska Affordable Housing Trust Fund (NAHTF) was established by the Nebraska Legislature in 1996 through the Nebraska Affordable Housing Act. Enacted to address Nebraska’s affordable housing needs, the Act calls for a portion of the documentary stamp tax from Nebraska real estate transactions to be transferred to the NAHTF. DED administers the fund to support the development of quality, affordable housing across the state. Having a ready supply of reasonably priced housing helps communities recruit new families, attract businesses, and ensure residents at all income levels can enjoy the Good Life.
The NAHTF program assists local units of government, public housing authorities, community action agencies, nonprofit organizations and for-profits working in partnership with one of these entities. NAHTF dollars may be applied to support a variety of housing-related projects, including the construction of new units and rehabilitation of a community’s existing housing stock. The program also supports first-time homebuyers through direct homebuyer assistance such as down-payment and closing costs.
The NAHTF application cycle for 2023 was highly competitive. DED received 70 full applications requesting a total of $41,920,245.
Today’s awards will assist 23 individual projects and support the development of at least 264 housing units. Projects include new home construction, construction of new rental housing, rehabilitation of existing structures, and homebuyer assistance.
“NAHTF is a proven program that annually generates strong interest,” said DED Director K.C. Belitz. “This year, funding requests from quality applicants far exceeded DED’s spending authority. Each awardee made an especially compelling case for their project’s ability to meet local housing needs. Congratulations to these very deserving recipients! And thank you to the many organizations that, while not selected this cycle, are doing tremendous work to improve the lives of Nebraskans.”
Awards from the 2023 NAHTF application cycle are listed below. For more information about the program, including how to apply, visit https://opportunity.nebraska.gov/programs/housing/nahtf/.
| Nebraska Affordable Housing Trust Fund Award Recipients – 2023 Application Cycle | |||||
| Awardee Organization | Congressional District | Project Location | Project Description | Project Summary | NAHTF Award Amount |
| City of Milford | CD1 | City of Milford | Rehabilitation | Homeowner | $287,500 |
| Habitat for Humanity of Omaha, Inc. | CD1 | City of Bellevue | Rehabilitation | Homeowner | $510,000 |
| Lincoln/Lancaster County Habitat for Humanity, Inc. | CD1 | City of Lincoln | New Construction, Homebuyer Assistance | Homebuyer | $800,000 |
| Nebraska Housing Resource | CD1 | City of Lincoln | Homebuyer Assistance Only | Homebuyer | $302,500 |
| NeighborWorks Lincoln | CD1 | City of Lincoln | New Construction, Homebuyer Assistance | Homebuyer | $805,000 |
| NeighborWorks Lincoln | CD1 | City of Lincoln | Homebuyer Assistance, Rehabilitation | Homebuyer | $832,500 |
| Village of Beaver Crossing | CD1 | Village of Beaver Crossing | Rehabilitation | Homeowner | $287,500 |
| Subtotal for CD1 | $3,825,000 | ||||
| % of 2023 NAHTF Award Dollars in CD1 | 30% | ||||
| Habitat for Humanity of Omaha, Inc. | CD2 | Douglas County | Rehabilitation | Homeowner | $845,000 |
| Habitat for Humanity of Omaha, Inc. | CD2 | City of Omaha | New Construction | Homebuyer | $820,000 |
| Habitat for Humanity of Omaha, Inc. | CD2 | City of Papillion | New Construction | Homebuyer | $425,000 |
| Housing Foundation for Sarpy County | CD2 | City of Papillion | New Construction | Homebuyer | $845,000 |
| Project Houseworks | CD2 | City of Omaha | Rehabilitation | Homeowner | $890,000 |
| Subtotal for CD2 | $3,825,000 | ||||
| % of 2023 NAHTF Award Dollars in CD2 | 30% | ||||
| Blue Valley Community Action | CD3 | 9 counties in southeast Nebraska | Rehabilitation | Homeowner | $661,000 |
| Central Nebraska Growth Foundation | CD3 | City of Grand Island | New Construction | Rental | $845,000 |
| City of Kearney | CD3 | City of Kearney | New Construction | Rental | $845,000 |
| City of Minden | CD3 | City of Minden | Rehabilitation Conversion (Albers Building) | Rental | $802,500 |
| City of Wood River | CD3 | City of Wood River | Rehabilitation Conversion | Rental | $565,500 |
| Cozad Development Corporation | CD3 | City of Cozad | Non-Profit Technical Assistance | Technical Assistance | $30,000 |
| Habitat for Humanity of Omaha, Inc. | CD3 | City of Blair | New Construction | Homebuyer | $795,000 |
| Hope Harbor | CD3 | City of Grand Island | Non-Profit Technical Assistance | Technical Assistance | $45,000 |
| Southwest Nebraska Community Betterment Corporation | CD3 | 5 counties in SW Nebraska and the City of McCook | Rehabilitation | Homeowner | $431,000 |
| Southwest Nebraska Community Betterment Corporation | CD3 | 5 counties in SW Nebraska and the City of McCook | Non-Profit Technical Assistance | Technical Assistance | $50,000 |
| West Central Nebraska Development District | CD3 | 17 counties in W. Central Nebraska | Non-Profit Technical Assistance | Technical Assistance | $30,000 |
| Subtotal for CD3 | $5,100,000 | ||||
| % of 2023 NAHTF Award Dollars in CD3 | 40% | ||||
| Total of NAHTF Awards: 2023 Cycle | $12,750,000 | ||||