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FINANCIAL_SERVICESAPPROVED

Nebraska Investment Finance Authority AgendaPacket Board of Directors Meeting 2026-05-08

NIFA Pilot Loan Approved For Fairview Villas Project

$790,000Nebraska Investment Finance AuthorityFAIRVIEW VILLAS LLCMay 8, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

NIFA’s Multifamily and Commercial Lending Programs Loan Committee approved a $790,000, 20-year loan to Fairview Villas, LLC for a 28-unit development in Hastings, Nebraska. The financing, at a 5.5% fixed rate and secured by a first lien, fulfills the criteria of NIFA’s Multifamily Lending Pilot Program.

Contract Details

Contract Amount

$790,000

Vendor

FAIRVIEW VILLAS LLC

Agency

Nebraska Investment Finance Authority, NE

Contract Type

FINANCIAL_SERVICES

Document Date

May 8, 2026

Contract Term

240 months (20 years)

Renewal Date

2046-03-03

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