Affordable Housing Development & Preservation Financing

The Development and Preservation Fund is a revolving loan fund that provides flexible, low-interest financing for affordable and workforce housing projects across the Omaha–Council Bluffs metro.

By offering below-market financing, the Fund supports projects that may face barriers to traditional lending and expands opportunities for emerging and diverse developers. As loans are repaid, funds are reinvested into new projects, creating a sustainable cycle of investment that grows housing opportunities over time.

Beyond increasing the supply and preservation of affordable homes, the Fund contributes to stronger communities by supporting housing stability, economic mobility, health and well-being, and educational success.