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Nebraska HOME Projects Creating Affordable Housing & Leveraging Investment Presented by Brian Gaskill.

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Presentation on theme: "Nebraska HOME Projects Creating Affordable Housing & Leveraging Investment Presented by Brian Gaskill."— Presentation transcript:

1 Nebraska HOME Projects Creating Affordable Housing & Leveraging Investment Presented by Brian Gaskill

2 2006-2010 2006230 units$4.5m 200775 units$2.0m 2008173 units$5.5m 2009128 units$3.4m 2010214 units$5.7m Total820 units$21.1m HOME

3 Project Types Down Payment Assistance New Construction Rehabilitation Acquisition, Rehab, Resale Tax Credit Rental

4 Acquisition, Rehab, Resale CHDO Activities completed statewide Between 2006-2010 121 units rehabbed and resold $4 million HOME investment

5 Tax Credit Rentals Combining LIHTC with HOME funds & Leveraging Private Investment 2006-2010 $9.37m HOME investment created 382 units in Nebraska

6 Seward, Nebraska Heartland Park II $313,000 HOME investment leveraged $2.7 million additional investment

7 Seward-Heartland Park II

8 Wayne, Nebraska Cardinal Estates $365,000 HOME investment leveraged $2.1 million additional investment

9 Wayne-Cardinal Estates

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11 Omaha, Nebraska The Margaret $679,000 HOME investment leveraged $4.1 million additional investment

12 Omaha-The Margaret

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14 Norfolk, Nebraska

15 Aurora-Robin Estates

16 Central City-Southeast Villa

17 Questions? Brian Gaskill Housing Coordinator/Consolidated Plan Coordinator 402-471-22280 (Desk) 402-417-3670 (Cell)


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