Nonprofit provides more affordable housing in northeast Omaha
OMAHA, Neb. (WOWT) – Holy Name Housing Corporation has been working to find affordable housing for low- to middle-income families since 1882.
Holy Name is busy building affordable housing in the neighborhood near 38th and Camden. Officials say the lack of affordable housing is a major problem, affecting everything from family health care to education.
“Recent studies have found that 15% of households in Omaha, Douglas County pay more than half their income just for rent,” said Matthew Cavanaugh, executive director of Holy Name Housing.
Cavanaugh says Holy Name will benefit from this too. The housing program for middle income workers is aimed at families who want to buy a home right away.
“This allows us to build homes for sale, which creates a loan fund that helps subsidize the development of homes for sale in communities that are difficult to build [the] to be developed for sale of residential properties. because of the valuation gap, “said Cavanaugh.
Holy Name is not only building affordable housing, but is also working to improve the neighborhood.
“A lot of what we’re doing is filling up single-family homes that are being built across the neighborhood and trying to revive a block here, or either replace one of the older houses in the neighborhood, or stand empty and make a new home “he said to Cavanaugh.
Isiah Bogard grew up in this neighborhood.
“When I was growing up there was nothing but fields, trees, we played in the little trees,” said Bogard.
Bogard is excited to see new houses in the fields and empty lots he played in as a kid.
“I think it’s a good thing because it just shows that it’s going to add more value to the community, just show the growth, instead of all this land just sitting here, you know I think it’s a beautiful thing “said Bogard.
The non-profit association is currently building or converting 24 houses in neighborhoods in northeast Omaha. Officials hope these homes will help families own their homes.
Officials of the Holy Name are also planning to build more efficient housing in some older neighborhoods.
“We’re also trying to offer higher density options now, and we’re developing some townhouses now. Soon we will be breaking new ground for row houses available to low income families in two locations, and 30% of that will be reserved for people who are close to the homeless. By partnering with Heartland Family Services, it would be a quick option for the transformation, Cavanaugh said.
Cavanaugh says row houses will go up faster and help more people while keeping costs down.
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