LINCOLN- State officials announced Thursday that they will be holding a hearing next week to welcome public comment on plans to reallocate CARES Act funds.

The Nebraska Department of Economic Development is set to decide how to allocate and administer the $14 million in funds, which were received from the Community Development Block Grant Coronavirus Response Fund as part of the CARES Act.

The Nebraska DED called the funds, and specifically the changes they will allow for, a "substantial amendment to its 2019 Annual Action Plan." The DED intends to use some of the award to add to funds currently earmarked for housing development, allowing for more building opportunities.

The public hearing is scheduled for next Thursday, Oct. 13th, at 9:30am, and will be held in Lincoln's Ogallala Aquifer Conference Room in the Fallbrook State Office Building.

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