Funding Amount

Not stated

Deadline

Deadline not published

Grant Type

Foundation

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Other requirements

  • New construction of owner-occupied or rental housing in communities with demonstrated workforce housing needs
  • Substantial repair or rehabilitation of dilapidated housing stock where rehabilitation cost exceeds 50% of current assessed value
  • Upper story/upper store housing development
  • Rehabilitation and conversion of existing buildings into housing

Overview

Geographic Scope: Kimball, Scotts Bluff, and Morrill Counties in Western Nebraska

Background: TCD received grant funding in 2020 and 2022 to establish this revolving loan fund to provide contractors and developers with additional opportunities to provide or improve housing in the three-county area.

Loan Terms

Important Note: These are loans, not grants - funds must be repaid with favorable terms:

  • 0% interest rate for single-family residence new construction
  • 2% fixed interest rate for rehabilitation projects
  • Favorable loan terms with reasonable monthly payments

Eligible Project Types

  • New construction of owner-occupied or rental housing in communities with demonstrated workforce housing needs
  • Substantial repair or rehabilitation of dilapidated housing stock where rehabilitation cost exceeds 50% of current assessed value
  • Upper story/upper store housing development
  • Rehabilitation and conversion of existing buildings into housing

Contact Information

Twin Cities Development Association, Inc.

  • Address: 1620 Broadway, Scottsbluff, NE 69361
  • Phone: 308-632-2833
  • Email: info@tcdne.org
  • Website: tcdne.org

How to Apply

How to Apply

  1. Contact TCD for further information regarding the loan and project eligibility
  2. Schedule a consultation with TCD staff to discuss your specific project
  3. Submit loan application with project details
  4. Provide documentation demonstrating workforce housing needs in your community

Available Resources:

  • Rural Workforce Housing Fund Loan Application form
  • Rural Workforce Housing Fund FAQ

Contact for Application Support:
Phone: 308-632-2833
Email: info@tcdne.org

Past recipients of this program

Recent awards under this program (from Western Nebraska Housing Opportunities's IRS filings)

1 grant in Western Nebraska Housing Opportunities's 2021 filings reference “Rural Workforce Housing Fund” in their stated purpose. Amounts and places as reported by the funder.

What Western Nebraska Housing Opportunities actually gave

Source: IRS Form 990, 2022 — the most recent filing with itemized grants

Grants in 2022
1
Total given
$125K
Median grant
$125K
  • By dollars: Nebraska 100%. Top recipient cities: Scottsbluff, NE.

Example grants

  • Twin Cities Development Association Inc · Scottsbluff, NE

    To proved assistance

    $125K

IRS Form 990, 2022. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Affordable housing
  • Housing

Categories

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