Over $1.2 Million Awarded To Housing Assistance Programs

BIG RED COUNTRY 104.9 and Country 1590 are now streamed online. Click on the logos at the top of the home page to listen anywhere in the world.

Posted: 21 December, 2012

LINCOLN (AP) - The Department of Economic Development has awarded more than $1.2 million for housing assistance programs aimed at low-income residents in northeast Nebraska. The money is going to four nonprofits that build and restore homes, with a focus on first-time homebuyers. The Norfolk-based NeighborWorks Northeast Nebraska is receiving $500,000 to help 13 homebuyers. Another Norfolk group, Northeast Economic Development Inc., is receiving nearly $366,000 to acquire vacant lots and build four single-family homes. NEHI, Inc., in Allen will receive $250,000 to buy and rehabilitate eight homes. In Tekamah, the Three Rivers Housing Development Corporation is receiving $150,000 to buy and rehabilitate five homes. In several cases, the awards will also help provide down payment assistance.