FOR IMMEDIATE RELEASE

Lincoln, Neb., February 13, 2026 – The Nebraska Investment Finance Authority (NIFA) has awarded 4% Low Income Housing Tax Credit (LIHTC) allocations to two additional affordable housing developments in Omaha, expanding the total 2026 investment to more than $14 million in tax credits and $100 million in tax-exempt bond financing.

The January and February approvals bring the total number of new or rehabilitated affordable housing units supported through the current round of 4% LIHTC allocations to nearly 1,500 statewide.

"These additional awards represent continued momentum in addressing Nebraska's housing needs," said Shannon Harner, Executive Director of NIFA. "By increasing investment and supporting more units, we are helping communities grow with housing that remains within reach for families and workers."

New Omaha Developments

25RRC, Omaha – Developed by Hoppe & Son, LLC, this 96-unit property will include one- and two-bedroom apartments with amenities including a community room, laundry room, and basketball court. The development received $2,191,886 in 4% LIHTC and $14,000,000 in tax-exempt bond financing.

2501 Center, Omaha – Developed by 2501 Center Owner, LLC, this mixed-unit development will include 140 one-bedroom and 40 two-bedroom affordable housing units, along with 18 four-bedroom rowhomes. The property will feature a community room, storm shelter, and in-unit washers and dryers. The development received $2,491,480 in 4% LIHTC and $13,175,986 in tax-exempt bond financing.

The updated 4% LIHTC award list reflects NIFA's ongoing commitment to expanding quality, affordable rental housing through strategic use of federal housing tax credits and tax-exempt bond financing. The full list of 2026 4% LIHTC allocations is available at: Forms & Documents.

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Media Contact

Elizabeth Fimbres
Nebraska Investment Finance Authority
Phone: (402) 441-4642
Email: Elizabeth.fimbres@nifa.org

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About the Nebraska Investment Finance Authority (NIFA)

The Nebraska Investment Finance Authority (NIFA) is a self-supporting state agency committed to growing Nebraska communities through affordable housing and agribusiness financing. NIFA administers a range of mortgage, housing, and development programs that help expand housing opportunities, strengthen local economies, and support long-term community growth across the state.