NEARLY $23 MILLION DOLED OUT FROM NEBRASKA'S RURAL WORKFORCE HOUSING FUND

LINCOLN- A total of twenty-seven nonprofits located in largely rural regions of Nebraska will get a chunk of a $22.8 million award given by the state's Rural Workforce Housing Fund. The grants were announced last Thursday by the Nebraska Department of Economic Development, but the grant itself was created almost six years ago as part of the Rural Workforce Housing Investment Act.

The purpose of the grant is to help nonprofit developers build supply and reduce the cost of worker housing in the state's rural communities, where such housing is severely lacking. Recipients of the funding contributed at least a 50% match on their grant, amounting to around $12 million in matching funds among the twenty-seven nonprofits. 

"Growing Nebraska is a priority for our agency," said Department of Economic Development interim director Joe Fox. Fox went on to state that the funding supports job creation and produces housing that helps attract residents in smaller communities in the state. The funding used in this endeavor was allocated from the general fund by the Nebraska Legislature during the 2022 legislative session. 

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