OTHERAPPROVED

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

NIFA Funds TNT2 Pilot With SECC For Student-Built Homes

Up to $250,000 per build (up to $500,000 total across two homes, shared with NDCS/CSI)Nebraska Investment Finance AuthoritySOUTHEAST COMMUNITY COLLEGE (SECC)May 8, 2026

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Description

NIFA authorized up to $500,000 from its Nebraska Opportunity Fund to support the TNT2 pilot program with Southeast Community College and NDCS/Cornhusker State Industries. SECC students will help construct two single-family homes while gaining construction trades experience tied to affordable housing production.

Contract Details

Contract Amount

Up to $250,000 per build (up to $500,000 total across two homes, shared with NDCS/CSI)

Vendor

SOUTHEAST COMMUNITY COLLEGE (SECC)

Agency

Nebraska Investment Finance Authority, NE

Contract Type

OTHER

Document Date

May 8, 2026

Contract Term

Pilot program expected to cover construction of two single family homes

Renewal Info

Pilot funding structure allows NIFA support as either grants or revolving financing at $250,000 per build for two homes; future expansions or renewals would require additional board action.

More from SOUTHEAST COMMUNITY COLLEGE (SECC)

Related Contracts

Nebraska Investment Finance Authority Board of Directors Meeting Agenda May 2026

APPROVED

Nebraska Investment Finance Authority (Nebraska)Up to $250,000 per home; up to $500,000 total for pilotMay 3, 2026

Issuing Agency