Rural Workforce Housing Fund recipients announced by DED

LINCOLN, Neb. (Press Release) – The Nebraska Department of Economic Development (DED) announced Tuesday $6,750,112 in awards through the second funding cycle of the Rural Workforce Housing Fund (RWHF) for 2022.

Authorized by the Rural Workforce Housing Investment Act of 2017, the RWHF helps communities create quality, affordable housing to accommodate growth.

“Nebraska’s growth and vitality as a state hinge upon our success developing affordable housing,” said DED Director K.C. Belitz. “Today’s awardees have shown exemplary initiative in raising funds to support local housing projects. Congratulations to the award winners! DED looks forward to supporting these organizations as they implement their housing plans.”

RWHF awards were available to eligible non-profit development organizations for the second round of the 2022 funding cycle. These organizations were required to supply at least 25% match, and in many cases, local financial institutions and employers partnered with the primary applicant to provide the local match. Combined, the 10 recipients contributed more than $1.87 million in matching funds.

DED administers the RWHF program on behalf of the State of Nebraska through a competitive application process. The department then partners with the recipients to provide input regarding project design, development and implementation.

In 2022, the Nebraska Legislature approved a general fund allocation of $29,555,112 to the Rural Workforce Housing Fund. In May 2023, DED awarded $22,805,000 of these funds to the 27 non-profit housing organizations. The remaining funds of $6,750,112 have now been awarded.

For more information about the RWHF, visit opportunity.nebraska.gov/program/workforce-housing-fund.

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