Housing (Property Development)

signed · Nebraska · Legislature Apr 17, 2026

LB 1114: Adopt the Community Improvement District Act and the New Taxpayer Recruitment Grant Act, authorize community improvement districts to levy property taxes, and change provisions related to the Community Development Law, the Municipal Inland Port Authority Act, extraterritorial jurisdiction, sanitary and improvement districts, housing authorities, housing agencies, the Nebraska Housing Agency Act, and the Local Option Municipal Economic Development Act

Nebraska's LB 1114 amends eligibility rules for expedited review of redevelopment plans under the Community Development Law. It requires projects to be located in blighted areas within cities of under 100,000 population, involve repair/rehabilitation of existing structures (at least 25 or 60 years old) or vacant lots (at least 25 or 60 years platted), and meet specific property value limits ($350,000 for single-family, $1.5M for multi-family/commercial, $10M for historic properties). The bill streamlines the process by mandating a standardized application form, requiring city approval within 30 days, and allowing a single fund for multiple projects. This primarily affects small-city redevelopment projects in designated blighted areas seeking faster permitting without full environmental or zoning reviews.

Topics ✓ HousingSupports HousingBill streamlines redevelopment in blighted areas via expedited review, facilitating housing development without restricting affordability or tenant rights.85% confidence

Sub-Topics Community Development Property Development Zoning

died · Nebraska · Legislature Apr 17, 2026

LB 1190: Change authorized use of funds appropriated to the Department of Economic Development

This bill reduces funding for Nebraska's Department of Economic Development by approximately $16 million for the 2026-27 fiscal year. It eliminates $250,000 in cash funds for a prefabricated housing study (ending after FY2025) and removes $1 million in general funds for a specific grant program. However, it maintains $700,000 for rural development districts and $4.88 million for mentorship programs supporting elementary students' reading and professional growth. The changes redirect funds within the department's budget without altering core program allocations.

Topics ✗ Budget & TaxesOpposes Budget & TaxesReduces $16M in funding for economic development, eliminates specific programs ($250k housing study, $1M grant), and defunds non-essential initiatives per bill language.95% confidence ✓ EducationSupports EducationBill maintains $4.88M for elementary reading mentorship programs, directly supporting student educational access and reading development.80% confidence ✗ HousingOpposes HousingDefunds prefabricated housing study ($250k) and housing grant program ($1M), reducing direct support for housing development initiatives.85% confidence

Sub-Topics Property Development

Track

died · Nebraska · Legislature Apr 17, 2026

LB 1246: Provide duties for the Nebraska Investment Finance Authority and change reporting requirements under the Nebraska Affordable Housing Act

LB 1246 modifies reporting requirements for Nebraska's Affordable Housing Trust Fund and defines duties for the Nebraska Investment Finance Authority. It requires the Authority to submit monthly financial reports detailing public fund transactions to state officials, including budget administrators and economic development directors. For affordable housing projects, the bill mandates that the Department of Economic Development disburse 80% of grant funds upfront (July 1, 2026) and 20% upon completion, while requiring recipients to submit quarterly reports on fund usage starting October 1, 2025. Failure to submit reports may result in disqualification from future funding. The bill directly affects housing developers receiving trust funds, the Department of Economic Development, and the Investment Finance Authority.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates monthly financial reporting and efficient grant disbursement, enhancing fiscal accountability for public housing funds.85% confidence ✓ HousingSupports HousingMandates 80% upfront grant disbursement for affordable housing projects, accelerating funding access to advance housing development under Nebraska Affordable Housing Act.90% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

Track

died · Nebraska · Legislature Apr 17, 2026

LB 583: Change provisions relating to the rate and disbursement of the documentary stamp tax, the Child Care Grant Fund, child care grants, the Military Installation Development and Support Fund, the Affordable Housing Trust Fund, the Innovation Hub Cash Fund, the Economic Recovery Contingency Fund, and the Health Care Homes for the Medically Underserved Fund

LB 583 adjusts how Nebraska's documentary stamp tax revenue funds seven existing programs, including the Child Care Grant Fund, Military Installation Development Fund, and Affordable Housing Trust Fund. It harmonizes rules across these funds, such as setting a $15,000 maximum for child care grants (no more than once every three years) and requiring matching funds for military installation projects. The bill specifies that tax revenue must be distributed to designated programs, like $100,000 annually for veterans' mental health services under the Military Fund. These changes streamline administration and clarify funding allocations without creating new programs or altering eligibility criteria.

Topics ✓ Budget & TaxesSupports Budget & TaxesDirects documentary stamp tax revenue to designated funds (child care, housing, military) ensuring dedicated funding for public services without tax increases or defunding.95% confidence ✓ HealthcareSupports HealthcareBill allocates documentary stamp tax revenue to the Health Care Homes for the Medically Underserved Fund, explicitly funding healthcare access for underserved populations.95% confidence ✓ HousingSupports HousingBill explicitly directs documentary stamp tax revenue to Affordable Housing Trust Fund, mandating annual funding allocation for housing programs.95% confidence

Sub-Topics Revenue Substance Abuse Affordable Housing Housing Finance Property Development

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died · Nebraska · Legislature Apr 17, 2026

LB 164: Adopt the Urban Development Incentive Act

LB 164, the Urban Development Incentive Act, creates a state grant program to support small and emerging developers in economically distressed areas of Nebraska. The bill provides funding for affordable commercial space development, rehabilitation, and sustainability features, with grants covering up to 20% of project costs (max $3.5 million per project) and specific categories for financing help, job training, and green building certification. It directly affects small developers (under 50 employees, <$5M revenue) working in areas meeting federal census criteria for high unemployment (≥150% state average) and poverty (≥20%). The program requires community engagement documentation and annual reporting to the Legislature on grant usage and job creation.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates state grant program allocating $3.5M max per project for affordable commercial development, directly increasing state spending on economic development in distressed areas.90% confidence ✓ EnergySupports EnergyBill promotes sustainability features and green building certification, advancing energy efficiency in development projects.85% confidence ✓ HousingSupports HousingDirectly funds affordable commercial space development and rehabilitation in distressed areas through state grants, targeting affordability goals.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill explicitly includes 'job training' as a funded category under its grant program, directly supporting workforce development and employment standards within the urban development initiative.85% confidence

Sub-Topics Tax Incentives Property Development Professional Licensing Unemployment Workforce Development

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died · Nebraska · Legislature Apr 17, 2026

LB 292A: Appropriation Bill

LB 292A is a funding bill that appropriates $250,000 from the Middle Income Workforce Housing Investment Fund for fiscal year 2025-26 to the Department of Economic Development’s Program 601. This funding specifically supports the implementation of Legislative Bill 292 (the main bill it references), with no funds allowed for state employee salaries or per diems. It directly affects the Department of Economic Development’s housing program and the state’s housing investment fund.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $250k from housing fund to fund housing program implementation, directly advancing state budget allocation for housing services.95% confidence ✓ HousingSupports HousingAllocates $250k from housing fund to implement housing program, directly funding affordable housing initiatives per bill summary.95% confidence

Sub-Topics Appropriations Affordable Housing Property Development

Track

died · Nebraska · Legislature Apr 17, 2026

LB 626: Authorize redevelopment projects involving affordable housing under the Community Development Law

LB 626 amends Nebraska's Community Development Law to streamline how cities declare areas as "extremely blighted" for redevelopment projects involving affordable housing. It requires cities to conduct studies, hold public hearings, and get planning commission recommendations before declaring an area blighted - ensuring transparency and community input. The bill also sets a 25-year minimum validity for such designations, linking them to tax benefits and affordable housing incentives under existing laws (like tax credits in §77-2715.07). This procedural change directly affects Nebraska cities planning affordable housing projects, though the bill was amended into LB288 and did not advance further.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill links redevelopment designations to tax benefits for affordable housing projects, enabling fiscal incentives to promote housing affordability and public good.90% confidence ✓ HousingSupports HousingStreamlines affordable housing redevelopment via tax incentives and community input requirements, advancing housing access through streamlined processes and incentives.95% confidence

Sub-Topics Affordable Housing Community Development Property Development

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signed · Nebraska · Legislature Jun 2, 2025

LB 288A: Appropriation Bill

This bill appropriates specific funds to support the implementation of Legislative Bill 288. It allocates $97,030 from the Middle Income Workforce Housing Investment Fund and $103,200 from the Affordable Housing Trust Fund for fiscal year 2025-26, and $118,110 and $126,410 respectively for 2026-27, to the Department of Economic Development’s Program 601. The funds are designated to carry out provisions of LB 288, with a cap on salary expenditures at $103,520 for 2025-26 and $138,030 for 2026-27. As a funding bill, it directly affects the Department of Economic Development’s budget execution for Program 601.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates specific funds from housing trust funds to implement LB 288, directly funding affordable housing programs within state budget management.90% confidence ✓ HousingSupports HousingAllocates housing trust funds to implement LB 288, directly funding affordable housing program through dedicated trust funds and specified program.95% confidence

Sub-Topics Appropriations Affordable Housing Housing Finance Property Development