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NIFA - Nebraska Investment Finance Authority
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CROWN
Program Purpose

Many of Nebraska's urban and rural communities are experiencing increased pressure in the affordable housing market while concurrently struggling with the deterioration of inner city/town neighborhoods as residents migrate to the suburbs for greater security and serenity.

Traditional multifamily low-income apartment projects are more often being rejected by communities out of concern for over stressing present infrastructure (schools, utilities, roads, etc.) and perceived security problems and property devaluation associated with such projects.

CROWN accommodates scattered site development, (as well as Planned Unit Developments when blended with owner occupied homes), and creates long term neighborhood residents who, because they know they can realize the dream of owning the home they currently lease, take pride in maintaining the property as their own.

CROWN brings home ownership to households earning less than 60% of the area median income providing stable communities and a family legacy, which can be passed on to future generations.

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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