NOTICE IS HEREBY GIVEN that Neighborhoods Inc. dba NeighborWorks Lincoln is providing an opportunity for public input concerning application to the Nebraska Department of Economic Development for two projects under the Nebraska Affordable Housing Trust Fund, with an aggregate funding amount of $1,637,500.
Project 1: Homebuyer Assistance and Rehabilitation
NeighborWorks Lincoln requests $832,500 to increase access to sustainable homeownership through the provision of a down payment assistance program with additional monies designated for rehabilitation. The project will serve twenty-five (25) households with incomes from 60 to 120% of area median income. No persons have been or will be displaced through this program.
Project 2: Infill New Construction and Homebuyer Assistance
NeighborWorks Lincoln requests $805,000 for the acquisition and new construction of seven (7) new single family housing units. While the sites have not yet been identified, the infill housing will occur within areas designated by the City of Lincoln as Neighborhood Revitalization Stabilization Areas (NRSA) and/or Low- to Moderate-Income (LMI) areas. NWL will construct seven units for households earning at or below 80% of the area median income. Each of the seven units will be approximately 1,200 square feet with at least two bedrooms, one and a half baths, and partial basements. The cost to build is approximately $140-145 per square foot and long-term affordability will be ensured by a community land trust.
The grant applications will be available for public inspection at NeighborWorks Lincoln, 2530 Q Street, Lincoln, Nebraska, by contacting Kate Holman, NeighborWorks Lincoln Development Director, at 402.477.7181 x 206 or by emailing kate.holman@nwlincoln.org. Individuals requiring physical or sensory accommodations, including interpreter service, Braille, large print, or recorded materials, please contact Kate no later than 5 p.m. on April 13, 2023. All interested parties are invited to provide written or verbal testimony. Testimony can be addressed to Chief Executive Officer, Wayne Mortensen, and submitted via the following methods if received on or before April 17, 2023 by 3 p.m.
Phone: 402.477.7181 x 202
Email: wayne.mortensen@nwlincoln.org
Mail: 2530 Q Street, Lincoln, NE 68503
NeighborWorks Lincoln staff will also host an open public meeting for citizens to provide comments in-person on Monday, April 17, 2023, from 3 p.m. to 4 p.m. in the Training Center at NeighborWorks Lincoln, 2530 Q Street, Lincoln, Nebraska, 68503.
