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David City Rural Workforce Housing Fund

Housing Loan Funds Available

 

The David City Development Corporation has secured funding to establish a loan fund for Builders/Contractors/Developers to access housing development financing in David City.  The loan fund is part of the State of Nebraska’s Rural Workforce Housing Fund program.  These funds are a revolving loan fund with a below market interest rate to help with the development of new housing units, whether it be just one or several housing units, either for sale or rental.

 

Financing Applications are being accepted at this time.  The deadline to apply is March 31, 2024.  There is a $250.00 application fee due to NeighborWorks Northeast Nebraska.

 

NeighborWorks Northeast Nebraska is managing the fund on behalf of the David City Development Corporation. 

 

Please contact NeighborWorks Northeast Nebraska for a Financing Application or if you have any questions at nwnen@nwnen.org or 402-379-3311, mailing address is 213 South 1st Street, Norfolk, NE  68701.

 

Financing Application

Fund Investment Plan

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