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News February 16, 2016

Nebraska DED 2016 Grant and Program Information

The Nebraska Department of Economic Development has released information detailing the 2016 Community Development Block Grant (CDBG) and Nebraska Affordable Housing Trust Fund (NAHTF) programs.  These programs include grant funding for Downtown Revitalization, Planning, Public Works, Housing, and Water/Wastewater.  The CDBG and NAHTF grants are available to local governments to conduct public works, planning, and housing activities benefitting low and moderate-income persons within a community or neighborhood.  If a community is interested in learning more about these grant programs or submitting an application, please contact your NENEDD Community Planner.  Upcoming grant application deadlines for Grant Writing Services are listed below.

Grant Type Deadline to Contact NENEDD

Nebraska Affordable Housing Trust Fund
Downtown Revitalization
Planning

March 1, 2016

Public Works

April 1, 2016

 

Lowell Schroeder

Lowell Schroeder
(402)379-1150 ext.102
lowell@nenedd.org

Alyssa Kallhoff

Alyssa Kallhoff
(402)379-1150 ext.104
alyssak@nenedd.org

Jan Merrill

Jan Merrill
(402)379-1150 ext.109
jan@nenedd.org

 

NED, Inc. Board of Directors Opening

Northeast Nebraska Development, Inc. (NED, Inc.) has an opening on its Board of Directors to fill beginning with the July 1, 2016, fiscal year.  The Corporation is a nonprofit, public benefit corporation whose specific purpose is to address community and economic development opportunities in Northeast Nebraska, and to seek funds, grants, contributions and any other type of funding to attain these goals. 

The board term is for three years. Board members can serve two consecutive terms.  We estimate that the average time commitment (including meetings, special functions and communications) is approximately 30-40 hours per year.  Monthly board meetings are held the last Wednesday of each month beginning at 7:00 p.m.  Six of the twelve meetings are held via conference call so limited travel is required.  The remaining six in person meetings are held in Norfolk, NE, at the City’s office.

Roles and Responsibilities

    Define and oversee the mission of the economic development district and keep it relevant to the needs of the region and its individual local governments and communities

    Approve programs and services and monitor their effectiveness and usefulness

    Provide strategic guidance to the organization and the NENEDD Executive Director

    Ensure financial solvency, integrity and soundness, including through fundraising assistance

    Ensure continuous board improvement and engagement

More information about NED, Inc. can be found by reviewing the 2014-2015 Annual Report and NED, Inc. by-Laws. The documents can also be obtained by calling the office at (402) 379-1150.

Interested parties should contact Thomas L. Higginbotham, Executive Director at 402-379-1150 Ext. 103 or thomash@nenedd.org no later than April 1, 2016.

Monthly Meeting Highlights

The NENEDD and NED, Inc. monthly meetings were held on January 27, 2016. Highlights from the meeting include approvals of one business loan and one down payment assistance loan.

NED, Inc. approved a $180,000 loan to Dr. Lane Handke and Handke Enterprises, LLC. Dr. Handke is a general practitioner who is contracted by Faith Regional Health Services and currently has a medical office in Pierce. The project will include building a new medical office and pharmacy in order to increase patient care and meet their needs.

There will be one more home in northeast Nebraska purchased by a new homebuyer with the assistance of NED, Inc.’s down payment assistance funds. The loan of $9,000 at 0% interest will not require payment until transfer of title. For more details on our housing programs, visit our website.

The next NED, Inc. and NENEDD board meetings will be held on February 24, 2016.

If you are looking to start a business or expand an existing business and need assistance visit our website.

The full minutes from the meetings can be found on our here.