Home investment partnerships program

The Nebraska Department of Economic Development received a $3.37 million formula grant award on September 23, 2025, under the Home Investment Partnerships Program (CFDA 14.239), administered by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. The grant funds affordable housing activities designed to expand the supply of decent housing for low- and very low-income Americans, with a performance period extending through September 30, 2034. Eligible activities under this program include rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance, with all funded housing required to meet income targeting and affordability requirements ranging from 5 to 20 years depending on the activity type and funding contribution.

As a pass-through entity, the Nebraska Department of Economic Development will distribute these formula-allocated funds to eligible participating jurisdictions—including cities, urban counties, and consortia of contiguous local governments—throughout Nebraska to support affordable housing development and community economic improvement initiatives. The department must maintain records of program activities and affordability compliance for five years beyond each affordability period and submit annual Action Plans and five-year Consolidated Plans for HUD review in accordance with 24 CFR Part 91 requirements.