DED Announces Nebraska Affordable Housing Trust Fund Investments across the State
18 Oct 2023
The Nebraska Department of Economic Development (DED) is pleased to announce the recipients of $12.75 million in awards under the 2023 application cycle of the Nebraska Affordable Housing Trust Fund (NAHTF).
The Nebraska Affordable Housing Trust Fund (NAHTF) was established by the Nebraska Legislature in 1996 through the Nebraska Affordable Housing Act. Enacted to address Nebraska’s affordable housing needs, the Act calls for a portion of the documentary stamp tax from Nebraska real estate transactions to be transferred to the NAHTF. DED administers the fund to support the development of quality, affordable housing across the state. Having a ready supply of reasonably priced housing helps communities recruit new families, attract businesses, and ensure residents at all income levels can enjoy the Good Life.