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Federal Block Grant’s $58.7 million investment yields results unlike any other program in Nebraska

LINCOLN, NEB. - March 16, 2011 - (RealEstateRama) --The recently-released 2006-2010 CDBG Investments and Impacts brochure contains eye-opening statistics related to Nebraska’s strategic use of Community Development Block Grant (CDBG).

City Gives Building Owners 10 Days To Take Action On Damaged Buildings

March 9, 2011 - (RealEstateRama) -- Mayor Chris Beutler said the City today sent dangerous building notices to the owners of two "O" Street buildings damaged by fire December 12. The notices give the owners 10 days to repair or demolish the buildings between 9th and 10th streets that housed Romantix and a former piano business. If no action is taken in 10 days, the City can proceed with demolition of both buildings and bill the owners for the expense.

SALMANSON CAPITAL ACQUIRES OFF-CAMPUS STUDENT HOUSING NEAR UNIVERSITY OF NEBRASKA FOR $7.65 MILLION

MANHATTAN, NY - March 9, 2011 - (RealEstateRama) -- Salmanson Capital, LLC, a Manhattan-based real estate firm that specializes in the acquisition and repositioning of student housing assets, has acquired an off-campus student housing complex serving University of Nebraska undergraduate students for $7.65 million.

Mayor To Honor Residents Who Helped Apartment Residents Escape Fire

February 17, 2011 - (RealEstateRama) -- Mayor Chris Beutler will present the Mayor's medallion tomorrow to Karen Jordan-Anderson and Criz Sanchez who helped residents of an apartment complex escape a December fire. The presentation will take place at 8:30 a.m. Thursday, February 17 at UPS, 3133 N. 33rd Street. Sanchez is a UPS driver, and Jordan-Anderson is a family program manager for the Nebraska Air National Guard

Mayor Says Legislative Action Could Increase Local Property Taxes Or Lead To Major Cuts

February 3, 2011 - (RealEstateRama) -- Mayor Chris Beutler today said cities are willing to do their part to help the State solve its budget crisis. But he called on the State Legislature to reconsider proposals that could force cities to raise property taxes and make major service cuts. He said the State, through a combination of actions and inactions, is in danger of creating a "destructively adverse" financial situation for cities and cited three areas of concern

$350,000 awarded Wayne Community Housing Development Corporation for Purchase/Rehab/Resell program

LINCOLN, NB - January 21, 2011 - (RealEstateRama) -- The Nebraska Department of Economic Development (DED) has awarded Wayne Community Housing Development Corporation (WCHDC) in Wayne, Neb., $350,000 in HOME funding earmarked for Community Housing Development Organizations (CHDO) to purchase and rehabilitate up to 12 homes and resell them to qualifying low- and middle-income families. The HOME funding is administered by DED.

$550,000 awarded for owner-occupied housing rehab in seven northeast NE counties

LINCOLN, NE - December 10, 2010 - (RealEstateRama) -- The Nebraska Department of Economic Development (DED) has awarded $550,000 in HOME Community Housing Development Organization (CHDO) funding to NeighborWorks Northeast Nebraska (NWNEN), a state designated CHDO based in Norfolk, to pursue 12 owner-occupied rehab housing projects. The homes will be scattered throughout Colfax, Cuming, Madison, Pierce, Platte, Stanton and Wayne counties, and available to homeowners earning at or below 80 percent of the Area Median Family Income

$250,000 awarded to CORE Development Inc., for housing rehab program

LINCOLN, NE - December 10, 2010 - (RealEstateRama) -- The Nebraska Department of Economic Development has awarded CORE Development, Inc., a 501(c)3 nonprofit, $250,000 in HOME funds through a Nebraska Affordable Housing Program (NAHP) 2010 set aside grant to rehabilitate eight owner-occupied homes in Amelia, Brunswick, Chambers, Clearwater, Orchard, Inman, Ewing, Elgin, Neligh, Oakdale, Royal, Page and all of Antelope County

GOING GREEN SAVES TAXPAYERS GREENBACKS

October 26, 2010 - (RealEstateRama) -- Statistics show that Americans spend 90 percent of our time in buildings, which is why we’re seeing a surge in the growth of green buildings, especially schools. U.S. school systems have 55 million students and 5 million faculty members. That’s 20 percent of the population spending 6 hours or more each day in a school building.

AG Bruning: Nebraska to Review Foreclosure Practices

LINCOLN, NE - October 20, 2010 - (RealEstateRama) -- Attorney General Jon Bruning today announced that as part of a coordinated national effort, Nebraska will review the practice of so-called “robo-signing” within the mortgage servicing industry

City-Black Hills Energy Partnership Promotes Green Building Practices

October 19, 2010 - (RealEstateRama) -- A partnership between the City of Lincoln and Black Hills Energy, provider of natural gas service in the City of Lincoln, has resulted in the creation of a position in the City's Development Services Center (DSC) to promote the use of green building practices in development projects. The position is funded through the City's Cleaner Greener Lincoln initiative, which received $2.4 million in federal energy stimulus funds to improve energy efficiency and boost the use of renewable and clean energy technologies across the community

$80,900 awarded Keith County Housing Dev. Corp. to purchase, rehab and resell home

LINCOLN, NEB. - August 24, 2010 - (RealEstateRama) -- The Nebraska Department of Economic Development has awarded Keith County Housing Development Corporation, a non-profit 501 (c)(3), $80,900 in Nebraska Affordable Housing Trust Funds to purchase, rehabilitate and resell a home in Ogallala to a family earning at or below 100 percent of the Area Median Income.

Nelson Promotes Wind Energy Development in Nebraska

Omaha, NE - June 15, 2010 - (RealEstateRama) -- Today, Nebraska’s Senator Ben Nelson cosponsored legislation enabling substantial wind power development in Nebraska that could create jobs and provide Nebraskans with more electricity generated from renewable energy.

$1.9 million awarded to five organizations to build rental housing for elderly

LINCOLN, NEB. - April 6, 2010 - (RealEstateRama) -- The Nebraska Department of Economic Development has awarded $1,967,114 in HOME funding to five local/regional housing authorities and non-profit 501(c)(3) organizations to build rental housing for residents ages 55 and older in their respective communities.

Updated Housing Code To Address Problem Properties

Lincoln, NE - February 19, 2010 - (RealEstateRama) -- Mayor Chris Beutler today said replacing Lincoln's current Uniform Housing Code with the International Property Maintenance Code (IPMC) will help the City address problem properties in neighborhoods.

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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.

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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.