Progress 2019: Fund spurs workforce housing development
Tuesday, January 22, 2019
After establishing the Dodge County Investment Fund in 2018, the Greater Fremont Development Council is looking to continue to spur workforce housing projects in the community through the revolving loan fund in 2019 and beyond.
Along with continuing to provide “gap” financing to developers, like the Morningside Crossing apartment complex which received $1 million from the revolving loan fund last year, the Greater Fremont Development Council (GFDC) is also looking to extend funds to homebuyers before the calendar turns to 2020.
According to GFDC Executive Director Garry Clark, the Dodge County Investment Fund (DCIF) was created partly out of the need for workforce housing throughout Dodge County as laid out by a 2017 County-Wide Housing Study completed by Hannah:Keelen Associates of Lincoln.