$1.7 million NAHTF awarded for six housing projects Print

NOVEMBER 2, 2011 (LINCOLN, NEB.)—The Nebraska Department of Economic Development has awarded $1,704,132 in Nebraska Affordable Housing Trust Funds(NAHTF) for a variety of housing activities, including purchase, rehab and resale, and new construction.

• The Village of Butte has received $161,720 in NAHTF to purchase, rehabilitate and resell two existing homes, as well as provide down payment assistance to those qualifying new first-time homebuyers who earn at or below 100 percent of the Area Median Income (AMI). The award also covers expenses related to housing management and testing for lead-based paint. Serving as the Boyd County seat, Butte is an active community, home to agriculture, educational and health care employers as well as small businesses. Housing is a hot commodity and those coming up for sale quickly sell. For information, contact Linda Hazen at 402-775-2426 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

• Lincoln County CDC, a nonprofit 501(c)(3) Community Housing Development Organization (CHDO), has received $265,500 in NAHTF to build three 'tiny' homes on vacant 'in-fill' lots in North Platte. The 860-sq.-ft., two-bedroom, one-and-a-half bathroom homes are all electric, and feature a utility room, kitchen and living area. The homes will be available to first-time homebuyers earning at or below 80 percent of the AMI for Lincoln County. For information, contact Nancy Striebel at 308-534-5095 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

• Blue Valley Community Action, a nonprofit 501(c)(3) CHDO, has received $300,458 in NAHTF to complete a pilot project involving the purchase, rehabilitation, short-term lease, and resale of three homes to qualified first-time homebuyers earning at or below 80 percent of the AMI and residing in the service area that includes Butler, Fillmore, Gage, Jefferson, Polk, Saline, Seward, Thayer and York counties. For information, contact Kim Vicars at 402-729-2278 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

• NeighborWorks® Northeast Nebraska, a nonprofit 501(c)(3) CHDO, has received $468,815 in NAHTF to purchase, rehabilitate and resell ten homes to qualified first-time homebuyers living in the coverage area. Of the ten homes, one will go to a person earning at or below 80 percent of the AMI and the remaining nine will go to individuals earning at or below 100 percent of AMI. Areas served by the project include the City of Norfolk (Madison County) along with Woodland Park (Stanton County), the City of Columbus (Platte County), and the City of Schuyler (Colfax County). For information, contact Roger D. Nadrchal at 402-379-3311 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

• Central Nebraska Housing Developers, a nonprofit 501(c)(3), has received $507,639 in NAHTF to build two homes in Stuart and one home in Sargent for qualified homebuyers earning at or below 100 percent of the AMI. Those homebuyers also will receive down payment assistance. Program income from sales of the homes will be used to build additional affordable homes in participating communities. The Village of Stuart is experiencing economic growth with the addition of a new nearby livestock operation. Sargent, due to its close proximity to Broken Bow, Ord, and Burwell has received numerous calls requesting additional housing. For information, contact Judy Petersen at 402-340-0106, or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

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