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Help for SE Nebraska Residents to Repair or Purchase a Home

By Matthew Leaf

10/10/2012

(KTNC) - Homeowners and prospective homeowners in southeast Nebraska may qualify for assistance to rehab their home or buy a new home, thanks to funds that Southeast Nebraska Community Action received through the Department of Economic Development.
SENCA has received a total of 800-thousand dollars in Nebraska Affordable Housing Trust Funds for two projects.
One award is 400-thousand dollars for an Owner-Occupied Rehabilitation program. The program aims to help 14 homeowners in Johnson, Nemaha, Pawnee, and Richardson Counties who earn at or below 80-percent of the area median income fix deficiencies in their homes.
SENCA Housing Development Director Angie Anholtz explains what the rehab projects can include. (play audio :39 “on that home.”)
Individual rehab projects are capped at 24-thousand dollars.
SENCA has also received 400-thousand dollars to help 15 first-time homebuyers purchase existing or newly constructed single-family homes. Anholtz says the homebuyer assistance program is available in seven southeast Nebraska counties – Cass, Johnson, Nemaha, Otoe, Pawnee, Richardson, and Sarpy. (play audio :40 “affordable to them.”)
The maximum amount of home purchase assistance is 15-thousand dollars per applicant, with up to 15-thousand in rehab assistance available to those who purchase existing homes.
The awards to homeowners are a combination of grants and loans. Anholtz says the homebuyer assistance is in the form of what’s called a deferred market rate loan. (play audio :28 “any payback.”)
For more information about either the Owner-Occupied Rehab program or Homebuyer Assistance, contact Angela Anholtz at the SENCA office in Humboldt at 402-862-2411, or go online to W-W-W dot SENCA dot org. (www.senca.org)

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