Less than a Year since the Passage of LB 518 — the Rural Workforce Housing Investment Act — Progress, Enthusiasm Continue to Build
Monday, July 01, 2019
If rural economic development had an ingredients list, workforce housing might be somewhere near the top.
“Housing enables communities to accommodate the workforce and support business development,” said Department of Economic Development (DED) Director Dave Rippe. “Communities that invest in their workforce housing stock can position themselves to grow and thrive.”
Yet rural communities face unique challenges when it comes to building and rehabilitating homes. From high construction costs to developer scarcity and everything in between, creating the “places where jobs sleep” can be a monumental task.
The State of Nebraska, through DED, administers an array of financial and technical assistance resources that have helped dozens of communities throughout the state build or rejuvenate thousands of quality, affordable homes. The Nebraska Affordable Housing Trust Fund (NAHTF), HOME Investment Partnerships Fund, Community Development Block Grant and National Housing Trust Fund are four such programs.