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Council approves TIF for 70-unit senior housing project with 45 affordable units
Summary
The Omaha City Council approved up to $1,133,705 in tax-increment financing for a five‑story, mixed‑income senior housing project at 2211 Douglas Street that will include 45 affordable units supported by low‑income housing tax credits; the measure passed 6–0 with one abstention.
The Omaha City Council on May 6 approved a tax-increment financing (TIF) package of up to $1,133,705 to help build a five‑story senior housing project at 2211 Douglas Street that developers said will total about $17.5 million and include 70 units.
City staff described the project as mixed‑income: 45 units will be designated affordable with low‑income housing tax credits (LIHTC) and 25 will be market-rate. The developer, Douglas Senior Housing LP, managed by Jake Hoppe, is the primary sponsor; proponents said CHI Health and multiple public…
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