NEBRASKA DED AWARDS OVER $6.5 MILLION IN RURAL WORKFORCE HOUSING FUNDS

LINCOLN- The Nebraska Department of Economic Development (DED) has announced $6,750,112 in awards to recipients through the second funding cycle of the Rural Workforce Housing Fund (RWHF). Authorized by the Rural Workforce Housing Investment Act of 2017, the RWHF aims to assist communities in creating quality, affordable housing to accommodate growth.

Director of DED, K.C. Belitz, emphasized the vital role of affordable housing in contributing to the state's growth and vitality.

“Nebraska’s growth and vitality as a state hinge upon our success developing affordable housing,” said Belitz. “Today’s awardees have shown exemplary initiative in raising funds to support local housing projects. Congratulations to the award winners! DED looks forward to supporting these organizations as they implement their housing plans.”

In 2022, the Nebraska Legislature approved a general fund allocation of $29,555,112 to the Rural Workforce Housing Fund. In May 2023, DED awarded $22,805,000 of these funds to 27 non-profit housing organizations. With this announcement, the remaining funds of $6,750,112 have now been awarded.

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