The Nebraska Department of Economic Development will not be participating in the remaining CRANE cycles and the 2nd application cycle of the Low-Income Housing Tax Credit program for the 2020 Program Year as the agency has insufficient HOME Investment Partnerships Fund program funds ($272,916) and National Housing Trust Funds ($24,195) available. The remaining 2020 Program Year funds will be carried over into the 2021 Program Year. In addition, funding through the Community Development Block Grant Disaster Recovery program is not yet available. The Department will notify our customers once the Disaster Recovery Plan has been approved by the Department of Housing and Urban Development and we are able to entertain applications through the program.
The United States Department of Housing and Urban Development (HUD) allocates HTF funds to Participating Jurisdictions (PJs). The State of Nebraska receives funds as a PJ and the Department of Economic Development (DED) administers the program for the State.
Eligible Activities Include:
- Acquisition and rehabilitation of housing to create rental housing for persons with extremely low-incomes.
- Rehabilitation or new construction of rental housing.
- Adaptive re-use of buildings for rental housing.
- Operating cost assistance and reserves.
The HTF will focus on rental housing for households at or below 30% of Area Median Income for a period of 30 years.
The HTF has Three Funding Categories:
- Collaborative Resource Allocation for Nebraska (CRANE)
- Targeted needs
- Permanent housing
Who is Eligible to Apply for HTF Funds?
Funding for projects under the Targeted Needs and Permanent Housing categories may be applied for by a non-profit 501(c)(3), or 501 (c)(4) housing or related organization, or a public housing authority. Eligible applicants will be required to comply with HTF requirement as well as demonstrate their capacity to carry out an eligible activity. Other housing programs may be used in conjunction with HTF funds.
How to Apply for HTF Funds:
Applicants meeting all eligibility requirements may submit an application for the appropriate category. Typically, successful applicants complete their project within 24 months of an award.
The application cycles for Targeted Needs and Permanent Housing is available and applications will be accepted in an open cycle with no clear deadline.
For information on deadlines, eligibility, and instruction how to apply for the CRANE category please visit the Nebraska Investment Finance Authority (NIFA).
Contract Special Conditions Forms & Templates
Reporting Forms and Templates
Performance of HTF Contract Forms
Environmental Review Record Forms by Level of Review
Categorically Excluded Not Subject To (CENST)
Categorically Excluded Subject To (CEST)
Environmental Assessment (EA)
Environmental Impact Statement (EIS)
Contact your Program Representative.
Have questions about the HTF?
Housing Specialist for the HOME and National Housing Trust Fund (HTF) programs