Financial Assistance Available for Landlord Relief to Address Losses Incurred by the COVID-19 Pandemic

There is still funding available for landlord assistance to help relieve some of the losses incurred due to COVID-19. Eligible landlords are those who have documented financial loss due to the COVID-19 pandemic and lease to low-to-moderate income tenants. Both criteria must be met in order for the landlord to participate.

APPLICATIONS MUST BE RECEIVED BY OCTOBER 31^ST TO BE CONSIDERED!!

CARES financial assistance may be allocated to landlords in one of two forms, or in a combination of both. Regardless, landlords are only eligible for up to $10,000 in the form of a straight grant (no personal cash match or payback is necessary). Landlords may apply for up to $2,500 in direct financial assistance to recoup lost rent or utility payments due to tenant’s inability to provide a full payment after their employment was compromised as a result of the COVID-19 pandemic. Otherwise, landlords may apply for up to $10,000 for minor rental unit rehabilitation. If both forms of aid are needed, it is possible to apply for up to $2,500 in direct assistance and request additional funding for minor unit repairs, not to exceed $10,000 total. Funding is available on a per-landlord basis, not per-unit. For example, landlords cannot apply for multiple $10,000 grants to address several units; only one rental unit per landlord can be assisted with this program.

Judy Petersen, Executive Director of the Central Nebraska Economic Development District, is very excited about this unique opportunity: “This is a once-in-a-lifetime opportunity to assist landlords who have been impacted by COVID-19. We courage you to apply TODAY to ensure these funds are invested into our region.” The Central Nebraska Economic Development District serves the following counties: Blaine, Boyd, Brown, Cherry, Custer, Garfield, Greeley, Holt, Keya Paha, Loup, Rock, Sherman, Valley and Wheeler.

For more information, and to obtain a copy of the program application, please contact Judy Petersen, Executive Director of the Central Nebraska Economic Development District at 402-340-0106 or by email at judy.petersen@cnedd.org.