Housing shortage in northeast Nebraska - KTIV News 4 Sioux City IA: News, Weather and Sports

Housing shortage in northeast Nebraska

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NORFOLK, Neb. (KTIV/US92) -- Rental housing in one Siouxland community is becoming increasingly hard to come by and especially for those with lower incomes.

The Norfolk Housing Agency is moving ahead with the application process for grant funds and tax credits to build additional low income housing in Norfolk.

The Norfolk Housing Agency is looking to pay for the more than $4 million project with a mixture of sources. They include grant funds from the Nebraska Department of Economic Development and the Norfolk Housing Development Corp. The other money will come from a commercial mortgage loan, low income housing reuse funds from the City of Norfolk and a tax credit of $2.8 million.

Sheila Miller, Executive Director of the Norfolk Housing Agency said that City of Norfolk has a documented need for housing at all income levels

The proposed complex would be intended for those making up to 80% of the area's median income.

Miller said that both of the city's current low income housing units have no vacancies, and over all rental availability in the area is believed to be between 3 to 4%.

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