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Lending

NeighborWorks Lincoln provides a variety of lending products to meet diverse needs across the housing spectrum: for developers, landlords, and homebuyers.


FOR DEVELOPERS

NeighborWorkforce Fund

In 2022, we launched an initiative focused on expanding workforce housing opportunities for middle- and working-class families across Lincoln. The lack of housing affordable to these families has become a citywide challenge—so much so that the Chamber of Commerce identified housing a cornerstone priority for economic competitiveness. 

In 2021, the State awarded NeighborWorks $1Mn in revolving loan funds to innovate solutions to this generational challenge. These funds were matched with local dollars to result in a $2Mn fund. The NeighborWorkforce Fund will facilitate the development of workforce housing across the City, with special emphasis on buyers between 80% and 120% of Area Median Income (AMI) purchasing homes priced between $125K and $325K in core neighborhoods, where new and rehabilitated housing is most needed. These resources will extend beyond NWL to workforce housing developers and their buyers across the City. 

Learn more


FOR HOMEBUYERS

Down Payment Assistance (DPA) 

We provide down payment assistance to help defray the costs of buying a home, including down payment and closing costs and property rehabilitation expenses. The assistance amount varies per family and is based on the purchase price of the home and household income. Qualified borrowers can purchase existing homes anywhere within Lincoln city limits (with special incentives for purchasing in specific neighborhoods). The financial assistance provided also covers a limited rehabilitation scope. 

Learn more

Our Sponsors

  • Bob and Candy Campbell
  • Union Bank & Trust
  • Capitol Heating & Air Conditioning, Inc.
  • Cornhusker Bank
  • HBE
  • UNICO
  • US Bank
    US Bank
  • New Generation Construction
  • fnbo
  • Brester Construction
  • Ameritas
    Ameritas
  • White Castle Roofing
    White Castle Roofing
  • West Gate Bank
    West Gate Bank
  • Sinclair Hille Architects
    Sinclair Hille Architects
  • South of Downtown Community Development Organization
    South of Downtown Community Development Organization
  • Nebraska Realty
    Nebraska Realty
  • Lincoln Community Foundation
    Lincoln Community Foundation
  • Allo
    Allo
  • HomeServices Title
    HomeServices Title
  • Pinnacle Bank
    Pinnacle Bank

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