Site & Building Development Fund

Site and Building Development Fund (SBDF)

The objective of the Site and Building Development Fund (SBDF) is to enhance the economic development of the state and to provide for the general prosperity of all of Nebraska’s citizens by creating conditions favorable to improving the industrial readiness of the state.

ELIGIBLE APPLICANTS

The SBDF projects will be undertaken by a committed local development team including a local economic development corporation. Local Governments and Nebraska non-profit organizations are eligible to receive Site and Building Development funds. Nebraska non-profit organizations must document Internal Revenue Service (IRS) designation as a 501(c)(3) or submit verification from an Attorney that the applicant operates as a 501(c)(4) or 501(c)(6) organization. All Nebraska non-profit organization applicants must have a current Certificate of Good Standing from the Secretary of State at the time of application.

ELIGIBLE PROJECTS

The Department shall use the Fund to provide financial assistance for industrial site and building development. The following activities are eligible: land and building acquisition; building construction or rehabilitation; site preparation; infrastructure development and improvements; engineering and design costs; technical assistance and planning; and other preapproved costs necessary for the development of industrial-ready sites and buildings.

SBDF Qualified Action Plan 2014-2015

SBDF Qualified Action Plan 2016-2017

For questions about the SBDF application process please contact:

Rose Baker
Site and Building Development Fund Coordinator
Nebraska Department of Economic Development
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(402) 471-1559

Jason Guernsey
Business Recruitment Manager
Nebraska Department of Economic Development
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(402) 471-3759