Housing
MEDC
The McCook Economic Development Corporation (MEDC) established its housing program in 2001 through a capacity grant from the Nebraska Department of Economic Development. Today, MEDC works to support the McCook community in a wide range of housing efforts, including subdivision development, new construction, rehabilitation, down payment assistance, and affordable rental opportunities. Programming varies based on available funding, and MEDC maintains strong relationships with state and federal partners to stay informed and eligible for funding opportunities that address McCook’s housing needs.
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? Contact us to see if any spec homes are available or in progress.
Contact Amanda Engell with further questions at amanda@mccookne.org or 308-345-1200.
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.