Housing
MEDC
MEDC established a housing program through a capacity grant from the Nebraska Department of Economic Development in 2001. Currently, we are providing REACH Homebuyer Education Classes. We have a Down Payment Assistance (DPA) Housing program which is funded through grants from the Nebraska Department of Economic Development Nebraska Affordable Housing Trust Fund, HOME Funds and Nebraska Investment Finance Authority (NIFA).
Our Mission
“To promote affordable housing and economic opportunities in Red Willow County”
Amanda Engell
Director of Housing Development
P: 308-345-1200
E: amanda@mccookne.org
New Residential Development
The North Pointe Addition
Say “Hello” to the North Pointe Addition, McCook’s newest single-family residential subdivision. With new infrastructure, fiber communication services, and natural gas access; the addition is build ready. Lots are for sale for $20,000 and the MEDC is excited to extend incentives for building completion. Complete your home build within 12 months and the MEDC will reimburse $10,000. Complete your home build within 18 months and the MEDC will reimburse $5,000.
Not interesting in building? Five spec homes are under construction to be completed by the end of 2024. Three floor plans are being constructed at varying sizes and price points to meet the needs of the community. Homes are listed on the MLS. Chat with your preferred realtor today before they are all sold!
Contact Amanda Engell with further questions at amanda@mccookne.org or 308-345-1200.
New Construction Spec Homes
Innovative Housing Project
Benkelmen
McCook
In 2019, MEDC was awarded a $405,000 Nebraska Department of Economic Development grant as a part of the Innovative Housing Project. The objective of the partnership is to bring relief to the pent-up housing shortage in Southwest Nebraska and provide economic stability to the Southwest Nebraska region by providing quality affordable housing to families at or below 120% of the Area Median Income and connect eligible homebuyers to financial assistance toward the purchase of a newly constructed home. The awarded funds are being used as a revolving new construction loan to assist communities in their affordable housing efforts. Benkelman and McCook have completed and sold homes to households at or below 120% the area median income and funds are available to assist in financing the next project.
Quillan Courts
Clary Village
Rural Workforce Housing Loan Fund
MEDC’s low interest loan program to assist new or rehab workforce construction.
Thank you to the generous support of our local community in providing numerous pledges toward the multiple rounds of RWHF.
