Neb. Rev. Stat. § 58-701 et seq. § 58-711

Information on status of Affordable Housing Trust Fund; report; contents.

In Force
Verified 10/26/2026 · Next check 11/25/2026
effective 10/5/2026NebraskaAffordable Housing Programs

Operative Text

Neb. Rev. Stat. § 58-701 et seq. § 58-711
(1) The Department of Economic Development shall submit, as part of the department's annual status report under section 81-1201.11 , the following information regarding the Affordable Housing Trust Fund: (a) The applications funded during the previous calendar year; (b) the applications funded in previous years; (c) the identity of the organizations receiving funds; (d) the location of each project; (e) the amount of funding provided to each project; (f) the amount of funding leveraged as a result of each project; (g) the number of units of housing created by each project and the occupancy rate; (h) the expected cost of rent or monthly payment of those units; (i) the projected number of new employees and community investment as a result of each project; (j) the amount of revenue deposited into the Affordable Housing Trust Fund pursuant to section 76-903 ; (k) the total amount of funds for which applications were received during the previous calendar year, the year-end fund balance, and, if all available funds have not been committed, an explanation of the reasons why all such funds have not been so committed; (l) the amount of appropriated funds actually expended by the department for the previous calendar year; (m) the department's current budget for administration of the Nebraska Affordable Housing Act and the department's planned use and distribution of funds; and (n) project summaries, including the applicant, project description, and grant amount requested for every application seeking funds during the previous calendar year.
(2) The status report shall contain no information that is protected by state or federal confidentiality laws.
Source: Legislative text reproduced verbatim
Plain English

Nebraska Revised Statute § 58-711 requires the Department of Economic Development to include detailed information about the Affordable Housing Trust Fund in its annual status report filed under section 81-1201.11. The report must cover funded applications, recipient organizations, project locations, funding amounts, housing units created, occupancy rates, expected rents, and projected economic impacts, among other data points. Any information protected by state or federal confidentiality laws must be excluded from the published report.

Written by anthropic/claude-sonnet-4.6 · Reviewed on October 14, 2026

Plain English — not legal advice.

For Property Managers

Under Neb. Rev. Stat. § 58-711, the annual status report on the Affordable Housing Trust Fund is a publicly available document that property owners and developers can consult to understand which projects received funding, how much was awarded, and what rent levels are expected for those units. Operators who have applied for or received Trust Fund grants should be aware that their project details — including grant amounts, unit counts, and occupancy rates — are subject to inclusion in this report. Reviewing the annual report can help property managers track competitive funding activity and benchmark their own projects against others in the state.

General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.

For Tenants

Neb. Rev. Stat. § 58-711 creates a public accountability mechanism by requiring the state to report annually on how Affordable Housing Trust Fund dollars are being used, including the expected rent levels for funded housing units. Tenants and housing advocates can access this report to learn which organizations received funding, where affordable housing projects are located, and how many units were created. Those seeking affordable housing or concerned about the use of public funds may find the report useful as a starting point, and tenant-rights organizations can help interpret the data in the context of local housing conditions.

General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.

Generated October 14, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.

Effective Timeline

Current
Oct 5, 2026
Click on timeline segments to view historical versions.

References Out

Rules and statutes cited by this regulation

Neb. Rev. Stat. § 81-1201.11
Not yet ingested
Neb. Rev. Stat. § 76-903
Not yet ingested

References In

No inbound references recorded yet for this provision.

Related Rules

§ 574.605
§ 574.605 Applicability of uniform administrative requirements, cost principles, and audit requirements for Federal awards.
§ 574.625
§ 574.625 Conflict of interest.
§ 574.645
§ 574.645 Coastal barriers.

Source Information

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