Workforce Housing Match Programs

The Rural Workforce Housing Match Program within the Nebraska Opportunity Fund promotes, develops, implements, and finances rural workforce housing by providing match funds to applicants making applications to the Rural Workforce Housing Fund.

Details: 

• Funds from the RWH Match are limited to a maximum of $250,000 per recipient and may not exceed (33%) of the total amount of funds proposed to be invested by the recipient. The RWH Match funds must be deployed by the recipient as revolving funds to insure the continual utilization of the funds in support of RWHF initiatives.
• The Board authorized the allocation of up to $5 million to the Match Program to assist RWHF applicants with a portion of their required financial matching funds. 
• RWH Match funds will not be available for DED’s second round of funding for RWHF. 

Learn More about the Program

Applications are closed at this time.

The NIFA Urban Workforce Housing Match (NUW-HOM) Program develops, implements, and finances owner-occupied Workforce Housing in accordance with the Nebraska Department of Economic Development’s Middle-Income Workforce Housing Investment Fund (“MWHF”) program and the NUW-HOM Program Guidelines.

Details: 

• Eligible recipients of NUW-HOM are non-profit development organizations that are authorized to submit an application for the MWHF. 
• An Eligible Recipient must receive an award of funds from the MWHF to be eligible for an award of NUW-HOM.
• The Board authorized the allocation of up to $6 million to the NUW-HOM Program to assist MWHF applicants with a portion of their required matching funds. 
• The maximum amount of a NUW-HOM award is $1,000,000 per Eligible Recipient per NUW-HOM application cycle. 
• NUW-HOM may be used by the Eligible Recipient in connection with the MWHF to develop Workforce Housing units designed for owner-occupants to be located or carried out in a Qualified Census Tract (QCT) in a community in Douglas, Lancaster or Sarpy county. An eligible county may receive no more than a total of $3 million of NUW-HOM Program funds.

Learn More about the Program

Applications are closed at this time.