Name: 148 S 39th St
Address: 148 S 39th St, Omaha, Nebraska 68131
Telephone: 4029334164

148 S 39th St

Omaha, Nebraska 68131

Phone 4029334164

Contact

Shape solutions for homeownership and investment in communities impacted by redlining. →

Partners for repositioning sites for housing development.

At Front Porch Investments, we believe that strategic partnerships and innovative funding solutions are key to expanding affordable housing. By leveraging public-private collaborations, we work to:

Reduce acquisition costs for developers, making projects more financially feasible.

Revitalize underutilized properties and ensure that vacant land is transformed into affordable housing.

Create opportunities for developers, including emerging firms and those focused on equitable housing solutions.

Accelerate impactful projects that align with community needs and long-term housing stability.

Through Property & Site Strategy, we connect mission-driven developers with opportunities to create housing that serves low- and moderate-income households while fostering economic and neighborhood revitalization.

96th St. and Cady Ave - Omaha, NE

During the summer of 2025, Front Porch Investments and New Visions Homeless Services (NVHS) launched an RFP inviting proposals from qualified and mission-aligned real estate developers to lead the development of a transformative, community-centered, affordable or mixed-income housing project on a currently vacant 4.72-acre site located south of 96th Drive and Cady Avenue in Omaha, Nebraska. NVHS is in the early stages of developing 46 units of permanent supportive housing for senior veterans on the parcel to the north of the RFP site.

Holy Name Housing Corporation will develop 58 units of housing, including 18 workforce for-sale homes and 40 affordable rental units on the southern parcel that compliment the surrounding neighborhood. Additionally, Holy Name will partner with an emerging developer through Spark's coDA program to build capacity and equity in the industry.

2211 Douglas Street – Omaha, NE

Front Porch Investments in collaboration with Together Omaha released a request for proposal to the development community to redevelop the 2211 Douglas Street site into affordable housing. Hoppe Development will transform a vacant building in Omaha’s urban core into a mixed-income housing community, with 70 units total. 45 units will be available to households earning 30-100% of the area median income (AMI). The remaining units will be market rate. This redevelopment not only preserves affordability in a rapidly changing part of the city but also expands housing choice.

The project strategically aligns with Omaha’s housing needs, ensuring that units remain accessible and affordable for at least 45 years. Additionally, Hoppe Development is in partnership with an emerging developer from Spark’s coDA program, Donell Brown, also a graduate of Spark’s Developer Academy, to build capacity and equity in the industry.

628 1st Avenue – Council Bluffs, IA

In partnership with the Southwest Iowa Foundation (SWIF), FPI supported the search for a developer to reimagine the former YMCA site in downtown Council Bluffs. Lincolnshire Investment will build a 45-unit mixed-income housing development. By repurposing a long-vacant site into much-needed housing, increasing housing supply and promoting economic growth in a key corridor of the city.

Lincolnshire Investment and Lutheran Family Services have partnered together to transform the vacant property into a mixed-income community featuring studios, one-bedroom, and two-bedroom, and three-bedroom apartments. All residential units will be attainable price points at or below 80% AMI.