Emergency Rental Assistance: How Does It Work? Webinar Recap

Emergency Rental Assistance: How Does It Work? Webinar Recap

Current rates

Program
Name
Conventional
Loan Rate
Government
Loan Rate
Military Home N/A 5.375%*
First Home Targeted 5.875%* 5.375%*
First Home 6.125%* 5.625%*
Homebuyer Assistance (HBA) 6.375%* - 1st loan
1.000%* - 2nd loan
5.875%* - 1st loan
1.000%* - 2nd loan
Welcome Home++ 6.875%* 6.375%*
Welcome Home Assistance (WHA)++ 7.125%* - 1st loan
1.000%* - 2nd loan
6.625%* - 1st loan
1.000%* - 2nd loan

Last changed 03/25/2024 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.

General

Emergency Rental Assistance: How Does It Work? Webinar Recap

Emergency Rental Assistance: How Does It Work? 

Speakers: Robin Ambroz, Director of Programs at NIFA; John Turner, Manager of Community Development and Research at NIFA; Jeff Chambers, Project Director for the Nebraska Center on Children, Families, and the Law; Jane Gordon, Program Director at Christian Outreach Program – Elkhorn (COPE); Lisa Vukov, Director of Technical Assistance and Compliance at the Metro Area Continuum of Care for the Homeless (MACCH) 

In this webinar, NIFA’s Robin Ambroz and John Turner gave an update on the Emergency Rental Assistance (ERA) Program for the Balance of State (all of Nebraska, excluding Lincoln/Lancaster and Omaha/Douglas). They described who is considered an eligible recipient and the eligible types of assistance for both rent and utilities, as well as other considerations. 

Jeff Chambers of CCFL gave a status update on ERA for Lincoln/Lancaster County. He reported that payments will be processed by CCFL using the Lincoln Prevention Assistance Common (LPAC) Fund Process. Additional details were provided in Mayor Leirion Gaylor Baird’s March 18 press conference. 

Next, Lisa Vukov from MACCH reported on the program's application in Omaha. She noted that they are currently developing their online application portal and call center capacity. They have issued a request for proposals for partner agencies, with a goal of having three to five partner agencies that will help process claims and payments. Program launch is targeted for early April. 

Finally, we heard from COPE’s Jane Gordon on the administration of ERA in Douglas County (excluding Omaha). She outlined COPE's history, from their beginning as a group of local churches serving neighbors, to their current work, offering "enthusiastic support to anyone regardless of race, color, religion, sex, sexual orientation, gender identity, disability, and national origin." She stated that COPE is currently preparing its website for increased traffic and designing its workflow, application, and approval processes. They will be ready to start receiving applications on April 16. 

nifa.org 

ccfl.unl.edu 

lincoln.ne.gov/rent 

macchconnect.org 

copeinfo.org 

coronavirus.nebraska.gov