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Planning board approves two downtown TIF redevelopment plans for 340 affordable and senior units
Summary
The board approved plans for the 251 Center affordable housing project (~180 units, ~$56.5M investment) and the Nolla Senior Living project (160 units, ~$36.5M investment) and recommended both for council review; staff endorsed both projects and both passed 5–0.
The Omaha Planning Board unanimously approved two Tax Increment Financing (TIF) redevelopment plans that will deliver roughly 340 housing units across two sites in the city.
Don Seaton of the City Planning Department described the 251 Center project at 25th Avenue and Center Street as a demolition and infill affordable housing effort that…
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