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News: Program - Single Family

First Home Super Funds Allocated

(11/28/2005)

NIFA's First Home Super (2.99 rate) Mortgage funds have been completely allocated for the 2005 funding year. Over $15 million was invested in 50 different communities across Nebraska. All loans that received funding in 2005 should be closed no later than February 28, 2006. If for some reason any of these loans are cancelled, the funds will be allocated in 2006.

NIFA anticipates that additional funding for the First Home Super Mortgage will be announced at the 2006 Affordable Housing Deal Makers' Marketplace. The amount of funds available, interest rate and program parameters will be determined at that time.

If you should have any questions, contact Jacki Young at Jacki.Young@nifa.org or (402) 434-3915.

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Nebraska Investment Finance Authority - NEW
200 Commerce CourtBullet1230 'O' StreetBulletLincoln, NE 68508
Phone: 402-434-3900Bullet800-204-NIFA (6432)
Fax: 402-434-3921BulletE-mail: info@nifa.org