Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

Rural Workforce Housing Fund (RWHF)

Funder: Twin Cities Development (TCD)

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

Status: Active - $3.3 million Revolving Loan Fund (RLF) available

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

    Focus Areas & Funding Uses

    Fields of Work

    affordable-housinghousing

    Categories

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