Nebraska Housing Resource, Inc.

"To assist in enabling builders to serve first-time homebuyers through creative use of all available resources, public and private."

AFFORDABLE HOUSING ACTIVITIES

1. Cyrilla Court Development
2. Old Riley School Redevelopment
3. Olympic Heights Development
4. Old Mill Village Development

Cyrilla Court Development - 43 Housing Units

In early 1999, NHR undertook a project in partnership with the City of Lincoln, NE, Nebraska Investment Finance Authority, Fannie Mae, Neighborhoods, Inc., and the Lower Platte South Natural Resource District, known as Cyrilla Court. This project developed a 14-acre site in northwest Lincoln, culminating in an additional 43 units of 34 affordable housing for qualified homebuyers. The homes were constructed by 5 private builder, plus the Lincoln / Lancaster Habitat of Humanity and the Lincoln Housing Authority sponsored High School residential construction class.

For more information about this project, please click here.

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Old Riley School Redevelopment - 5 Housing Units

In late 2000, NHR in partnership with the City of Lincoln redeveloped the former site of Riley School (50th & Dudley) into 5 units of affordable housing. Greg Schwinn Homes, Inc. constructed 4 new homes and the Lincoln Housing Authority sponsored High School residential construction class, built the 5th for the benefit of first-time homebuyers.

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Olympic Heights Development - 16 Housing Units

In 2001, NHR is partnering with the City of Lincoln to complete development of sixteen tax-repossessed lots in the Air Park area (west of NW 52rd and West Huntington Ave). These "Olympic Heights Homes" are being built by five different builders, plus the Local Habitat for Humanity Chapter, resulting in 16 units of affordable housing for qualified buyers.

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Old Mill Village Development - 131 Housing Units

In 2003, again in partnership with the City of Lincoln, NHR acquired a 30.8 A. tract in S.W. Lincoln, at S.W. 12th and W. South streets. A program of phased development produced 15 lots for 15 units of affordable housing in 2003 and 21 units in 2004, along with 30 market rate lots. A future phase will produce an additional 30 affordable and 35 market rate lots, beginning in 2005. The City of Lincoln Urban Development Department, in its role of administering, HUD CBDG loan and NE affordable Housing Trust Funds is providing financial assistance, while NIFA, Fannie Mae and NI play roles in assisting the first-time homebuyers. Along with 10 builders, Habitat of Lincoln has built and will also be building in Old Mill Village.

For more information about this project, please click here.

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