LINCOLN- The state of Nebraska will see more housing being built as the state will share $17.5 million in state housing grants. The Nebraska Department of Economic Development announced the news on August 24th.

The grants, which are annual awards from the 26-year-old Nebraska Affordable Housing Trust Fund, will help develop 381 housing units, both rental and single-family owned, as well as aid housing rehabilitation and provide financial help for first-time homebuyers.

Lynn Kohout, DED’s director of housing, said that providing good housing is a “catalyst for business and community development” in rural and urban areas of the state.

The money has been awarded to over 40 companies and projects across the state. The money will be seen from Omaha to Scottsbluff and everywhere in between according to Lynn Kohout.

The programs that were awarded funds can be found by clicking HERE

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