LINCOLN- Five low-income housing projects in Omaha and Fremont will share $10 million in federal funding, part of $109 million the U.S. Department of Housing and Urban Development sent to Nebraska to recover from flooding in 2019.
HUD set aside about $26 million of that relief money for affordable housing in communities impacted by the “bomb cyclone” floods in March of 2019.
Douglas, Sarpy and Dodge Counties were deemed the “most impacted” counties by the flooding by HUD, according to the Nebraska Department of Economic Development, which announced the grant awards Monday.
A total of 231 housing units are planned using the $10 million.
Recipients, which will receive $2 million each, are:
Kennedy Square East/Brinshore Development LLC, 2912 Spencer St., Omaha, 63 new rental units.
Drexel/Foundations Development LLC: 18011 Drexel St., Omaha, 50 new rental units.
Sahler/Foundations Development, 4150 N. 132nd St., Omaha, 50 new rental units.
Fremont Northside Townhomes II/Mesner Development, near 29th and North Yager Road, Fremont, 27 new rental units.
Highlander Phase V/Brinshore Development, 2198 N. 31st St., Omaha, 41 new rental units.
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