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McCook EDC awarded $297,060 Site and Building Development funding

McCook EDC is using the funding to help American Agricultural Laboratory, specializing in soil and tissue testing for the national and international agriculture markets, to renovate and retrofit the former 90x40-sq. ft. ALCO building for its expanded operations. The project will create five full-time jobs, and retain13 full-time and six part-time existing positions

Water Main Replacement Set to Begin May 11

Beginning Monday, May 11, several streets north of Vine between 22nd and 26th streets will be temporarily closed in phases for the replacement of the water main. The main is being replaced on the following streets

$250,000 CDBG funds awarded for Oconto water/wastewater project

The Nebraska Department of Economic Development (DED) today awarded $250,000 in Community Development Block Grant (CDBG) funding to the Village of Oconto to pursue a project in the Water/Wastewater category.

Hudl to Build Headquarters, Create New Jobs in West Haymarket

Hudl expects to add up to 300 new high-tech jobs over the next three years. Hudl is partnering with one of its investors, Nelnet, which plans to use the building for additional growth, including the expansion of its software development team in Lincoln.

Household Hazardous Waste Collection and Latex Paint Exchange Set for Saturday, April 25

Lincoln and Lancaster County residents can dispose of unwanted chemicals by bringing them to a household hazardous waste collection from 9 a.m. to 1 p.m. Saturday, April 25 at Wal-Mart, 87th and Highway 2. This event is sponsored by the Lincoln-Lancaster County Health Department and is for households only. Business waste will not be accepted

No-Interest Loan Program Improves Homes and Neighborhoods

Mayor Chris Beutler today said the City's Home Improvement Loan Program (HILP) is another tool to strengthen neighborhoods across Lincoln. Through HILP, zero-interest loans are available to qualified low- to moderate-income homeowners for up to $15,000, and the monthly loan payments can be extended for as long as ten years.

$250,000 CDBG funds awarded for water/wastewater project in Firth

The Nebraska Department of Economic Development (DED) today awarded $250,000 in Community Development Block Grant (CDBG) funding to the Village of Firth to pursue a project in the Water/Wastewater category

Real Property Value Percentage Change 2013-2014

The Nebraska Department of Revenue, Property Assessment Division, has processed the 2014 Real Property Abstracts of Assessment filed by the 93 Nebraska county assessors. Preliminary analysis indicates that real property valuations have increased 12.45% from 2013 to 2014, resulting in an increase in valuation of approximately $20.93 billion

Nebraska Homestead Exemption Changes for Tax Year 2014

The Nebraska Department of Revenue announces that the income eligibility amounts for applicants of the homestead exemption program for tax year 2014 have changed. (See Neb. Rev. Stat. §§ 77-3507, 77-3508, and 77-3509, as amended Please review the new income tables and apply for the homestead exemption if you are now eligible. Claimants who have already filed 2014 homestead exemption applications and income statements do not need to refile or take any additional action. The new income amounts will be used by the Department of Revenue to determine the percentage of exemption for 2014

Nebraska Personal Property Return and Schedule Due On or Before May 1, 2014

The Nebraska Department of Revenue, Property Assessment Division, reminds owners of personal property that theNebraska Personal Property Return and Schedule must be filed on or before May 1 with the county assessor where the personal property is located. If you have property at more than one location in the same county, contact the county assessor to determine if more than one return is required.

Westwood Financial Corp. Announces Hy-Vee Store Expansion and Remodel at Applewood Centre

Westwood Financial Corp., a national owner-operator of shopping centers, has announced the expansion and remodel of Hy-Vee supermarket at its Applewood Centre, located at 9765 Q Street in Omaha, Neb.

Tax Year 2014 Homestead Exemption

The Nebraska Department of Revenue, Property Assessment Division reminds property owners that the Nebraska Homestead Exemption Application or Certification, Form 458, must be filed with their county assessor from February 3, 2014 through June 30, 2014

Mayor Says Reinstating State Aid Will Lead to Property Tax Relief

Mayor Chris Beutler today asked State lawmakers for help to reduce the local property tax burden by reinstating State aid to municipalities. Beutler testified before the Nebraska Legislature's Tax Modernization Committee at a public hearing in Norfolk. Beutler, a former State Senator, addressed the Committee as Mayor of Lincoln and as President of the League of Nebraska Municipalities.

Real Property Tax Credit for Tax Year 2013

The State of Nebraska will offset a portion of real property taxes levied in 2013. The Property Tax Credit Act provides a real property tax credit based upon the valuation of each parcel of real property compared to the valuation of all real property in the state. The total amount of credit available for statewide distribution in 2013 is $115 million. The property tax credit will be shown on tax statements as a credit after the full taxes levied.

Johanns, Banking Committee Senators Introduce Bipartisan Legislation to Protect Taxpayers, Reform Broken Housing Finance...

U.S. Sens. Mike Johanns (R-Neb.), Bob Corker (R-Tenn.), Mark Warner (D-Va.), Jon Tester (D-Mont.), Dean Heller (R-Nev.), Heidi Heitkamp (D-N.D.), Jerry Moran (R-Kan.) and Kay Hagan (D-N.C.), all members of the Senate Banking, Housing and Urban Affairs Committee, today introduced legislation to strengthen America’s housing finance system by replacing government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac with a privately capitalized system that preserves market liquidity and protects taxpayers from future economic downturns


Mayor Says User Fees Increases Help Prevent Property Tax Hike

Mayor Chris Beutler today said user fee increases helped his administration meet its main objectives for the City's first biennial budget - no property tax increase, no major program cuts and no use of one-time money for ongoing programs.


NIFA’s Homeownership Team Announces Top Producer and Shining Star Award Winners

NIFA’s Homeownership team recently held annual lender training meetings at the LaVista Conference Center on October 17th and at the Holiday Inn Express in North Platte on October 18th. At these events, awards were presented to the Top Producers and Shining Stars. Top Producer awards are given to the top ten loan officers who originate the most NIFA loans for first-time homebuyers in Nebraska in 2015.