Nebraska HOME Projects Creating Affordable Housing & Leveraging Investment Presented by Brian Gaskill.

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Presentation transcript:

Nebraska HOME Projects Creating Affordable Housing & Leveraging Investment Presented by Brian Gaskill

units$4.5m units$2.0m units$5.5m units$3.4m units$5.7m Total820 units$21.1m HOME

Project Types Down Payment Assistance New Construction Rehabilitation Acquisition, Rehab, Resale Tax Credit Rental

Acquisition, Rehab, Resale CHDO Activities completed statewide Between units rehabbed and resold $4 million HOME investment

Tax Credit Rentals Combining LIHTC with HOME funds & Leveraging Private Investment $9.37m HOME investment created 382 units in Nebraska

Seward, Nebraska Heartland Park II $313,000 HOME investment leveraged $2.7 million additional investment

Seward-Heartland Park II

Wayne, Nebraska Cardinal Estates $365,000 HOME investment leveraged $2.1 million additional investment

Wayne-Cardinal Estates

Omaha, Nebraska The Margaret $679,000 HOME investment leveraged $4.1 million additional investment

Omaha-The Margaret

Norfolk, Nebraska

Aurora-Robin Estates

Central City-Southeast Villa

Questions? Brian Gaskill Housing Coordinator/Consolidated Plan Coordinator (Desk) (Cell)