CRANE Celebration: Monument View Villa

CRANE Celebration: Monument View Villa

Current rates

Program
Name
Conventional
Loan Rate
Government
Loan Rate
Military Home N/A 5.875%*
First Home Targeted 6.375%* 5.875%*
First Home 6.625%* 6.125%*
Homebuyer Assistance (HBA) 6.875%* - 1st loan
1.000%* - 2nd loan
6.375%* - 1st loan
1.000%* - 2nd loan
Welcome Home++ 7.375%* 6.875%*
Welcome Home Assistance (WHA)++ 7.625%* - 1st loan
1.000%* - 2nd loan
7.125%* - 1st loan
1.000%* - 2nd loan

Last changed 04/18/2024 at 9:00 a.m
*This is not an advertisement for credit as defined in Reg.Z; contact a participating NIFA lender for Annual Percentage Rate (APR) information. Rates are subject to change without prior notice. 

++An origination fee up to 0.50% of the loan amount may be charged by Lender.

Home / About Residential Developer/Property Manager Community Development

CRANE Celebration: Monument View Villa

CELEBRATING 20 YEARS OF CRANE
The Collaborative Resource Allocation for Nebraska (CRANE) program is a strategic allocation process between NIFA and other collaborating resource providers to accomplish difficult projects. CRANE promotes collaborative partnerships between housing experts and developers that lead to creative financing options, effective partnerships and eventual ground-breakings of innovative projects. Today we are showcasing Monument View Villa!

Monument View Villa
Monument View Villa is located in Gering, Nebraska. The development became a part of the CRANE program family in 2013! 

The residential complex consists of 10 Low-Income Housing Tax Credit (LIHTC) units. Seventy-five percent (75%) or 8 units must serve households with disabilities. The development features 1-2 bedroom rental units.

Project Financing
Monument Villa View was developed by Scotts Bluff County Housing Authority. It is financially supported by Low-Income Housing Tax Credits awarded through the CRANE program as well as additional funding sources from Developer Equity, Special Member Equity, HOME Funds, General Partner Loan, and Federal Home Loan Bank.
 
Management & Amenities
Scotts Bluff County Housing Authority manages the rental units for Monument Villa View. Some of the amenities include: Furnished Community Room, Storm Shelter, Community Laundry Room, and Storage Area!

Supportive Services
Monument Villa View offers job training and Nebraska vocational rehabilitation as supportive services for all tenants occupying the units.