Nebraska HOME Projects

Creating Affordable Housing & Leveraging

Investment Presented by Brian Gaskill

2006-20102006 230 units $4.5m2007 75 units $2.0m2008 173 units $5.5m2009 128 units $3.4m2010 214 units $5.7m

Total 820 units $21.1m HOME

Project Types•Down Payment Assistance

•New Construction•Rehabilitation

•Acquisition, Rehab, Resale•Tax Credit Rental

Acquisition, Rehab, Resale•CHDO Activities completed

statewide

•Between 2006-2010

•121 units rehabbed and resold

•$4 million HOME investment

Tax Credit RentalsCombining LIHTC with

HOME funds & Leveraging Private Investment

2006-2010$9.37m HOME investment

created 382 units in Nebraska

Seward, NebraskaHeartland Park II

$313,000 HOME investmentleveraged $2.7 millionadditional investment

Seward-Heartland Park II

Wayne, NebraskaCardinal Estates

$365,000 HOME investmentleveraged $2.1 millionadditional investment

Wayne-Cardinal Estates

Wayne-Cardinal Estates

Omaha, NebraskaThe Margaret

$679,000 HOME investment leveraged $4.1 million additional investment

Omaha-The Margaret

Omaha-The Margaret

Norfolk, Nebraska

Aurora-Robin Estates

Central City-Southeast Villa

Questions? Brian Gaskill

Housing Coordinator/Consolidated Plan Coordinator

402-471-22280 (Desk)402-417-3670 (Cell)